Tyre price dispersion across retail outlets in the UK
UNSPECIFIED. (2003) Tyre price dispersion across retail outlets in the UK. JOURNAL OF INDUSTRIAL ECONOMICS, 51 (4). pp. 491-509. ISSN 0022-1821Full text not available from this repository.
We investigate price dispersion in a retail market (car tyres) characterised by outlets each selling a range of products, some of which are manufactured by their owners. Consumers face substantial price dispersion across outlets even for very tightly defined products. We show that this price dispersion has systematic components relating to retailer-manufacturer interactions. One specific result is that chains owned by manufacturers sell other manufacturers' tyres on average nearly 20% more expensively than do independent stores and over 11% more expensively than their own equivalent branded product.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HG Finance
H Social Sciences > HC Economic History and Conditions
|Journal or Publication Title:||JOURNAL OF INDUSTRIAL ECONOMICS|
|Publisher:||BLACKWELL PUBL LTD|
|Number of Pages:||19|
|Page Range:||pp. 491-509|
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