Consumer Search in Retail Gasoline Markets

David Byrne and Nicolas de Roos

Department of Economics - Working Papers Series from The University of Melbourne

Abstract: This paper develops novel direct tests for search behavior in retail gasoline markets. We exploit a unique market-level dataset that allows us to directly measure search intensity with daily web traffic data from a gasoline price reporting website and perfectly measure daily changes in price levels and dispersion. Our simple yet powerful tests provide strong evidence of both cross-sectional and intertemporal price search behavior.

Keywords: search; price dispersion; retail gasoline (search for similar items in EconPapers)
JEL-codes: D8 L8 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2015-03
New Economics Papers: this item is included in nep-com, nep-ene and nep-mkt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Consumer Search in Retail Gasoline Markets (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:mlb:wpaper:1197

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