(OLS) is the recommended estimation procedure. Supply to a daily fish market is determined by the previous night’s catch …, so this would appear to be a good example of a recursive market. Despite this, data from the Fulton fish market are …

This paper investigates spatial variations in product prices using an exhaustive micro dataset on fish transactions …. The data record all transactions between vessels and wholesalers that occur on local fish markets in France during the … year 2007. Spatial disparities in fish prices are sizable, even after fish quality, time, seller and buyer unobserved …

We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set … the key features observed in a set of high quality transaction-level data on fish sales collected at the Fulton fish …

-functioning. However, an important role of centralized markets is matching heterogeneous products, such as fish, to buyers of these … products. The high level of differentiation in the Fulton fish market and the institutional structure at the Fulton market has …