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In this paper, we study supplier encroachment in competition with multi-product retailers and its effects on retail profits under endogenous consumer shopping behavior. We find that supplier encroachment (weakly) increases both supplier and retailer profits, as the retailer benefits from better...
Persistent link: https://www.econbiz.de/10015339842
This paper analyses the diffusion of unleaded petrol in the UK. Changes in the market share of unleaded fuel are the result of changes in the composition of the car stock and changes in the choice of fuel given the car stock. We find that fuel type choices have been mainly driven by changes in...
Persistent link: https://www.econbiz.de/10014156334
We consider a model of vertical competition where downstream firms (retailers) purchase an upstream input from a monopolist and are able to differentiate from each other in terms of quality. Our primary focus is to study the effects of introducing a large retailer, such as a Wal-Mart...
Persistent link: https://www.econbiz.de/10014198685
Persistent link: https://www.econbiz.de/10003549631
This study reveals two different rationales for consumer surplus-enhancing collusion. The first model considers two competitive firms in the final product market, each with one essential patent necessary for production. The equilibrium price under collusion is lower than the price under...
Persistent link: https://www.econbiz.de/10012894295
This paper identifies substantial flaws in how U.S. government agencies and courts assess the impact of proposed mergers by firms using broadband networks to reach consumers. Based on current market definitions, consumer impact assessments and economic doctrine, antitrust enforcement agencies...
Persistent link: https://www.econbiz.de/10014090155
Among Brazil's gasoline-ethanol vehicle users, it is common to observe the purchase of the fuel that yields the less … the intervention would have chosen expensive gasoline, instead choosing cheaper ethanol. This shift is small compared with …
Persistent link: https://www.econbiz.de/10012936821
Most of the world's population lives in countries that ban the self-service sale of gasoline. Causal effects of this … that banned self-service at gasoline stations. Oregon adjusted regulations at the start of 2018 to allow self-service at … gasoline stations in counties with populations below 40,000 individuals. I examine the repeal of this self-service ban and its …
Persistent link: https://www.econbiz.de/10013294037
gasoline market. Transparent environments enable easy price comparisons and match findings. Restricting transparency such that …
Persistent link: https://www.econbiz.de/10012268956
In this article, I analyze whether German gasoline stations passed on the gasoline tax reduction to consumers. I use a … gasoline stations had increased prices before the tax reduction. Such a price increase would have made it easier for gasoline … on to consumers? Did gasoline stations reduce the pass-on after a few weeks? As I am the first to use complete French and …
Persistent link: https://www.econbiz.de/10014250745