A micro-econometric approach to geographic market definition in local retail markets: Demand side considerations

This paper formalizes an empirically implementable framework for the definition of local antitrust markets in retail markets. This framework rests on a demand model that captures the trade-off between distance and pecuniary cost across alternative shopping destinations within local markets. The paper develops, and presents estimation results for, an empirical demand model at the store level for groceries in the UK.

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Year of publication:	2010
Authors:	Beckert, Walter
Institutions:	Institut für Weltwirtschaft (IfW)
Subject:	Geographic antitrust market definition \| discrete choice

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Extent:	application/pdf
Series:	Economics Discussion Papers. - ISSN 1867-8009.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2010-16
Classification:	L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L13 - Oligopoly and Other Imperfect Markets ; L41 - Monopolization; Horizontal Anticompetitive Practices ; L81 - Retail and Wholesale Trade; Warehousing ; C35 - Discrete Regression and Qualitative Choice Models ; C73 - Stochastic and Dynamic Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008494182