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The authors present an example of the effect a change in the excise tax can have on retail gasoline prices. The findings provide support for standard economic theory, as well as provide a vehicle for illustrating some of the subtleties of the analysis, including the implicit assumptions...
Persistent link: https://www.econbiz.de/10010622920
This dissertation consists of four essays which examine the industrial organization of retail gasoline markets. In particular, each essay studies issues involving product differentiation. Each essay employs a data set which includes detailed information on every gasoline station in the...
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In response to a price change by a single seller, it is common for the density of sellers in the market to influence both the quantity response of consumers and the price response of other sellers. Using field experiment data collected around a series of exogenously imposed price changes we find...
Persistent link: https://www.econbiz.de/10005499459
The authors present an example of the effect a change in the excise tax can have on retail gasoline prices. The findings provide support for standard economic theory, as well as provide a vehicle for illustrating some of the subtleties of the analysis, including the implicit assumptions...
Persistent link: https://www.econbiz.de/10005405166
Retail gasoline lessee-dealers have lobbied for the right to purchase their gasoline supplies from sources other than the lessor-refiners with whom they have contracted. This article examines a unique data set of gasoline prices in Los Angeles, along with corresponding market- and station-level...
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