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: | Shepard, Andrea |
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Format: | Working Paper |
Published: |
MIT Center for Energy and Environmental Policy Research
2009
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Online Access: | http://hdl.handle.net/1721.1/50158 |
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