Beckert, Walter (2010) A micro-econometric approach to geographic market definition in local retail markets: demand side considerations. Economics: The Open-Access, Open-Assessment E-Journal 4 , ISSN 1864-6042.
Text (Published draft (refereed))
Available under License Creative Commons Attribution Non-commercial.
Download (628kB) | Preview
This paper formalizes an empirically implementable framework for the definition of local antitrust markets in retail markets. This framework rests on a demand model that captures the trade-off between distance and pecuniary cost across alternative shopping destinations within local markets. The paper develops, and presents estimation results for, an empirical demand model at the store level for groceries in the UK.
|Keyword(s) / Subject(s):||Geographic antitrust market definition, discrete choice|
|School or Research Centre:||Birkbeck Schools and Research Centres > School of Business, Economics & Informatics > Economics, Mathematics and Statistics|
|Date Deposited:||08 Dec 2010 11:21|
|Last Modified:||17 Apr 2013 12:33|
Archive Staff Only (login required)