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Selling Gasoline as a By-Product: The Impact of Market Structure on Local Prices

Justus Haucap (), Ulrich Heimeshoff and Manuel Siekmann

Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: We use a novel data set with exact price quotes from virtually all German gasoline stations to empirically investigate how a temporary variance in local market structure induced by restricted opening hours of specific players affects price competition. We find that, during their hours of opening, they have a significant negative price effect on nearby competitors.

JEL-codes: L71 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-ene, nep-mkt and nep-tre
Date: 2017
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https://www.econstor.eu/bitstream/10419/168198/1/VfS-2017-pid-3124.pdf (application/pdf)

Related works:
Working Paper: Selling gasoline as a by-product: The impact of market structure on local prices (2016) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168198

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