Waterson, Michael (2001) The role of consumers in competition and competition policy. Discussion Paper. Coventry: University of Warwick, Department of Economics. Warwick economic research papers (No.607).

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Abstract

This paper develops the idea that consumers’ behaviour matters significantly from the viewpoint of industry performance. This is examined through some theoretical propositions, but then at greater length by means of some case study examples. These examples demonstrate how, even in potentially competitive industries, reluctance on the part of consumers to search or to switch suppliers can lead to a sub-competitive outcome. The
significance of non-traditional competition policy remedies in changing the outcome is drawn out.

Item Type:	Working or Discussion Paper (Discussion Paper)
Subjects:	H Social Sciences > HC Economic History and Conditions
Divisions:	Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH):	Consumer behavior, Competition -- Great Britain, Public utilities -- Deregulation -- Great Britain
Series Name:	Warwick economic research papers
Publisher:	University of Warwick, Department of Economics
Place of Publication:	Coventry
Official Date:	July 2001
Dates:	Date Event July 2001 Published
Number:	No.607
Number of Pages:	27
Institution:	University of Warwick
Status:	Not Peer Reviewed
Access rights to Published version:	Open Access
Version or Related Resource:	Waterson, M. (2003) The role of consumers in competition and competition policy. International Journal of Industrial Organisation, 21, pp. 129-150.

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