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This paper examines Norwegian gasoline pump prices using daily station-specific observations from March 2003 to March … theory (Maskin and Tirole, 1988), we demonstrate that Norwegian gasoline price cycles involve a form of coordinated behavior …. We also show that gasoline prices follow a fixed weekly pattern, with prices increasing significantly every Monday at …
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economy of the new vehicle stock with respect to gasoline price. We demonstrate that a 10% increase in gasoline price causes a … components of the gasoline price. This finding has important implications for the assessment of market-based policies for …
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This paper empirically studies how consumers respond to retail gasoline price cycles. Our analysis uses new station … traffic from gasoline price reporting websites. We first document how stations use coordinated pricing strategies that give … rise to large daily changes in price levels and dispersion in cycling gasoline markets. We then show consumer …
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