Speed of adjustment and market structure: a study of the gasoline market in Germany
The oil price collapse of 1986 revived once again the old interest in the process of price formation in the petroleum industry which has long attracted suspicions of anti-competitive behaviour. Indeed, the first and the most famous case to attract economists’ attention after the adoption of the Shar...
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Format: | Working paper |
Language: | English |
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Oxford Institute for Energy Studies
1991
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