Product Differentiation and Market Power in the California Gasoline Market
نویسندگان
چکیده
منابع مشابه
Product Differentiation and Market Power in the California Gasoline Market
This paper applies a model of market power measurement under product differentiation to the case of the gasoline market in California, using data for the period 1983-1989. Our results show that there is a considerable degree of product differentiation among major brands. This allows firms to exercise local market power over their own specific products, but there are also signals of an important...
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ژورنال
عنوان ژورنال: Journal of Applied Economics
سال: 1999
ISSN: 1514-0326,1667-6726
DOI: 10.1080/15140326.1999.12040531