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