Contractual form, retail price and asset characteristics
Predictions derived from a principal-agent analysis of the manufacturer-retailer relationship are derived and tested using microdata on contractual form, outlet characteristics and retail prices for gasoline stations in Eastern Massachusetts. The empirical results are consistent with upstream firms...
| Main Author: | |
|---|---|
| Format: | Working Paper |
| Published: |
MIT Center for Energy and Environmental Policy Research
2009
|
| Online Access: | http://hdl.handle.net/1721.1/50158 |