Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/129052
Authors: 
Firgo, Matthias
Pennerstorfer, Dieter
Weiss, Christoph R.
Year of Publication: 
2015
Series/Report no.: 
WIFO Working Papers 503
Abstract: 
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 behaviour and further find that the importance of centrality increases with market size.
Subjects: 
Network Centrality
Spatial Competition
Retail Markets
Gasoline Prices
Document Type: 
Working Paper

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