Supermarkets versus local shopping: Welfare implications of retail provision mode

Simon Rudkin

Economics Letters, 2014, vol. 124, issue 3, 396-398

Abstract: Presenting a novel model of local shopping, the benefit of monopoly provision due to market size effects is explored. Prices are lower, variety and aggregate consumer surplus higher, than local shopping but many shoppers’ utility falls. Policymakers should take care.

Keywords: Market expansion effects; Monopolistic competition; Consumer welfare (search for similar items in EconPapers)
JEL-codes: D40 L10 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:124:y:2014:i:3:p:396-398

DOI: 10.1016/j.econlet.2014.06.023

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