Arbeitspapier
Network Centrality and Market Prices. An Empirical Note
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.
- Sprache
-
Englisch
- Erschienen in
-
Series: WIFO Working Papers ; No. 503
- Klassifikation
-
Wirtschaft
- Thema
-
Network Centrality
Spatial Competition
Retail Markets
Gasoline Prices
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Firgo, Matthias
Pennerstorfer, Dieter
Weiss, Christoph R.
- Ereignis
-
Veröffentlichung
- (wer)
-
Austrian Institute of Economic Research (WIFO)
- (wo)
-
Vienna
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Firgo, Matthias
- Pennerstorfer, Dieter
- Weiss, Christoph R.
- Austrian Institute of Economic Research (WIFO)
Entstanden
- 2015
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