A micro-econometric approach to geographic market definition in local retail markets: demand side considerations
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.
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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:||Birkbeck Schools and Departments > School of Business, Economics & Informatics > Economics, Mathematics and Statistics|
|Research Centre:||Commodities Finance Centre|
|Date Deposited:||08 Dec 2010 11:21|
|Last Modified:||07 Dec 2016 15:30|
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