Competition in a spatially-differentiated product market with negotiated prices

n many markets the buyer pays an individually-negotiated price. Theoretically, relative to uniform-pricing, this has an ambiguous impact on market power and the effects of merger. To analyze competition in the UK brick industry—where individually-negotiated pricing is used, and the market is highly...

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Bibliographic Details
Main Authors: Beckert, W, Smith, H, Takhashi, Y
Format: Working paper
Language:English
Published: University of Oxford : Economics 2020