Ellickson, Paul B.; Grieco, Oleksii; Wu, Joanna Shuang - 2016
We propose a framework for analyzing spatial competition between retailers of different formats. Our approach yields … construct ad hoc price indices. Using data from the supermarket industry, we evaluate two representative mergers. Contrary to … conventional wisdom, we find substantial cross-format competition between supercenters, club stores, and traditional grocers. Our …