A micro-economic approach to geographic market definition on local retail markets: Demand side considerations

Walter Beckert ()

Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2010, vol. 4, No 2010-29, 32 pages

Abstract: 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.

Keywords: Geographic antitrust market definition; discrete choice (search for similar items in EconPapers)
JEL-codes: C35 C73 L11 L13 L41 L81 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifweej:201029

DOI: 10.5018/economics-ejournal.ja.2010-29

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