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Title:A micro-economic approach to geographic market definition on local retail markets: Demand side considerations PDF Logo
Authors:Beckert, Walter
Issue Date:2010
Citation:[Journal:] Economics: The Open-Access, Open-Assessment E-Journal [Volume:] 4 [Issue:] 2010-29 [Pages:] 1-32 [URL:] http://dx.doi.org/10.5018/economics-ejournal.ja.2010-29
Series/Report no.:Economics 2010-29
Abstract:This paper formalizes an empirically implementable framework for the definition of local antitrust markets in retail markets. This framework rests on a demand model that captures the trade-off between distance and pecuniary cost across alternative shopping destinations within local markets. The paper develops, and presents estimation results for, an empirical demand model at the store level for groceries in the UK.
Subjects:Geographic antitrust market definition
discrete choice
JEL:L11
L13
L41
L81
C35
C73
Persistent Identifier of the first edition:doi:10.5018/economics-ejournal.ja.2010-29
URL of the first edition:http://dx.doi.org/10.5018/economics-ejournal.ja.2010-29
Creative Commons License:http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type:Article
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Journal Articles

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