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...
Autores principales: | , , |
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Formato: | Working paper |
Lenguaje: | English |
Publicado: |
University of Oxford : Economics
2020
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