This paper highlights the importance of "centrality" for pricing. Firms characterised by a more central position in a spatial network are more powerful in terms of having a stronger impact on their competitors' prices and on equilibrium prices. These propositions are derived from a simple...

We empirically investigate the importance of centrality (holding a central position in a spatial network) for strategic interaction in pricing for the Austrian retail gasoline market. Results from spatial autoregressive models suggest that the gasoline station located most closely to the market...

We use two waves of census data with detailed farm characteristics for the total population of Austrian farms to examine the causal effect of agritourism on farm survival. To account for self-selection into agritourism, we use regional variation in tourism intensity that is exogenous to...