Competition in a Spatial Retail Petroleum Market
Language: English
Published by LAP LAMBERT Academic Publishing Feb 2011, 2011
- Softcover
- New
Seller: buchversandmimpf2000, Emtmannsberg, BAYE, Germanybuchversandmimpf2000
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This item is printed on demand - Print on Demand Titel. Neuware -This thesis examines the behaviour of retail petroleum markets, with a case study examining prices in Perth, Australia. The aim of the thesis is two-fold. Firstly, it aims to extend the Edgeworth Cycles literature by showing how a simple, distance-based model of duopolistic competition can give rise to Edgeworth Cycles. Secondly, it makes use of the results of this model to build a model of the structure of the Perth market and to explore competition in that network. In the empirical component of the thesis, I explore whether network structure influences both the prices charged by each retail petroleum outlet and the shape of price cycles exhibited by each retail petroleum outlet. In addition, having performed a spectral analysis on prices and finding that most retail petroleum outlets do not follow a single cycle, but in fact use cycles of differing lengths, mostly seven and ten-day cycles, I explore whether network structure influences these choices or not. In the empirical analysis, I find evidence that network structure does, in fact, influence both price and the nature of cycles.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 256 pp. Englisch.…
Seller Inventory # 9783838331560
- Title
- Competition in a Spatial Retail Petroleum Market
- Author
- Nick Wills-Johnson
- Publisher
- LAP LAMBERT Academic Publishing Feb 2011
- Publication year
- 2011
- Condition
- Neu
- Binding
- Taschenbuch
- Language
- English
- ISBN 10
- 3838331567
- ISBN 13
- 9783838331560
- Item weight
- 399 grams
- Dimensions
- 220x150x16 mm
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buchversandmimpf2000
Emtmannsberg, BAYE, Germany
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