Selling Gasoline as a By-Product: The Impact of Market Structure on Local Prices
Justus Haucap (),
Ulrich Heimeshoff and
Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association
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
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Working Paper: Selling gasoline as a by-product: The impact of market structure on local prices (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168198
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