Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/94043 
Year of Publication: 
2006
Series/Report no.: 
SFB/TR 15 Discussion Paper No. 117
Publisher: 
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY), München
Abstract: 
Conventionally, we think of an increase in competition as weakly decreasing prices, increasing the number of consumers served, thus increasing consumer surplus, decreasing firms profits, etc. Here, we demonstrate that, under some tame circumstances, an increase in competition may lead to a price increase in a horizontally differentiated market. We show this relationship for the petrol market in German cities.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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