Rockets & feathers: the asymmetric speed of adjustment of UK retail gasoline prices to cost changes
The determination of retail gasoline prices in the UK has long been the subject of debate. There have been three inquiries by the Monopolies and Mergers Commission (MMC), leading to the publication of the reports MMC (1965), (1979) and (1990), in which the industry was examined for evidence of non-c...
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Format: | Working paper |
Language: | English |
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Oxford Institute for Energy Studies
1990
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