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Imperfect Information and Market Power in Retail Gasoline Markets

Author:
Florencia Jaureguiberry  


Issue Date:
2010


Abstract(summary):

An unbranded station that is closest to a rental car location can charge 4 cents per gallon more than a firm located farther away from the rental cars 4 times as large as SSNIP used by FTC to define relevant market for gasoline Being close to a rental car yields a premium of 1 cent per gallon The effect disappears for Premium Unleaded gasoline


Page:
11


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