Spatial aspects of retail market structure: beef pricing revisited
Article Abstract:
A review of the links between commuting characteristics and concentration is an important part of an analysis of spatial retail markets with multiplant companies and conjectural differences. Using the specific example of retail beef prices, commuting characteristics are found to have a significant impact on prices, and this indicates that if these characteristics were used in market definition, then a considerable concentration measure would arise. If the narrow retail market definition implied by the spatial retail model were applied, there would be a considerable concentration/price connection.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Quality choice and vertical integration
Article Abstract:
Analysis shows that two independent, disintegrated monopolists will produce goods of a quality lower than that of the goods produced by a sole integrated monopolist. Analysis also indicates that the integrated monopolist will attain greater market coverage, higher consumer surplus and better profits. These results can be explained by the interaction of double-marginalization and choice of quality, a phenomenon which is more likely to occur in a market of independent monopolists.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Taste for world markets. The strain in Spain. Spanish inquisition
- Abstracts: 100 years of steel in architecture. Immersed in history in Bath. Northampton takes care of its town hall
- Abstracts: Creative contrasts of two rivals in design. An architecture to remember the dead. The birth of Adam
- Abstracts: International activity of Japanese department stores. Consumer behavior convergence in the European Union. The international activities of Japanese retailers
- Abstracts: Designs on the world market. A pioneer partially restored to its former glory. Building a flexible surgery on a difficult urban site