Entry and Exit in Grocery Retailing: Local Pre-Emption and Social Efficiency.
This paper develops an asymmetric price setting oligopoly model of store opening and closure decisions in the UK supermarket industry which is estimated using a survey of consumer choices and a dataset of store characteristics. The model is used to examine the strategic local entry and exit behaviou...
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| Format: | Working paper |
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Department of Economics (University of Oxford)
2000
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