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Author: Mitsukuni Nishida
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Mitsukuni Nishida
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Matthew S. Lewis
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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I measure price dispersion among differentiated retail gasoline sellers and study the relationship between dispersion and the local competitive environment. Significant price dispersion exists even after controlling for differences in station characteristics, and price differences between sellers change frequently. The extent of price dispersion is related to the density of local competition, but this relationship varies significantly depending on the type of seller and the composition of its competitors. These findings are consistent with interactions between seller and consumer heterogeneity that are not well understood in the existing price dispersion literature.
Author: James Dow
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
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Author: Ying Zhao
Publisher:
ISBN:
Category :
Languages : en
Pages : 250
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Author: Thomas A. Abbott
Publisher:
ISBN:
Category : Manufacturing industries
Languages : en
Pages : 58
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Author: Xing Pan
Publisher:
ISBN:
Category : Electronic commerce
Languages : en
Pages : 138
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Author: Warren Greenberg
Publisher: Beard Books
ISBN: 9781587981302
Category : Business & Economics
Languages : en
Pages : 428
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Source of the debate on how much competition and regulation are necessary in the health care industry. This is a reprint of proceedings from a 1977 conference.
Author: Ken Burdett
Publisher:
ISBN:
Category :
Languages : en
Pages : 16
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Considerable evidence demonstrates that significant dispersion exists in the prices charged for seemingly homogeneous goods. This paper adopts a simple, flexible equilibrium model of search to investigate the way the market structure influences price dispersion. Using the noisy search approach, the paper demonstrates the effects of having a single large, price-leading firm with multiple outlets and a competitive fringe of small firms with one retail outlet each.
Author: Anna Olga Smolnik
Publisher: Cuvillier Verlag
ISBN: 3736984669
Category : Business & Economics
Languages : en
Pages : 124
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The dissertation consists of three empirical studies and takes a closer look at price fluctuations using German gasoline prices as an example for a homogenous good. It analyzes consumers’ reaction to price fluctuations and respectively the pricing behavior of firms. The first paper, which was developed with co-authorship, explores consumers’ online price search effects on the pricing behavior of firms (gasoline price level and price dispersion). As regulators have recently implemented a mechanism for reporting all price changes to a central data base, the core assumption of this price reporting scheme is that the increase in price transparency will lead to a decline in the price level and a reduction in price dispersion. The second study addresses the question whether German gas stations adjust their retail prices asymmetrically in response to crude oil price changes, i.e., whether gas stations react quicker to crude oil price increases than to crude oil price decreases. The third study aims to analyze whether consumers react more strongly to gasoline price increases or to price decreases when considering buying a new vehicle.
Author: United States. Federal Trade Commission. Bureau of Economics
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 488
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