Projects per year
We empirically investigate the importance of centrality (holding a central position in a spatial network) for strategic interaction in pricing for the Austrian retail gasoline market. Results from spatial autoregressive models suggest that the gasoline station located most closely to the market center – defined as the 1-median location – exerts the strongest effect on pricing decisions of other stations. We conclude that centrality influences firms’ pricing behavior and further find that the importance of centrality increases with market size.
|Pages (from-to)||79 - 83|
|Publication status||Published - 2016|
Austrian Classification of Fields of Science and Technology (ÖFOS)
- 502013 Industrial economics
- 507016 Regional economy
- 1 Finished
Price Dispersion in Space: Evidence from Micro-Data on the Austrian Gasoline Market
Weiss, C., Jost, B. & Pennerstorfer, D.
1/09/08 → 31/08/12
Project: Research funding