A micro-econometric approach to geographic market definition in local retail markets: Demand side considerations

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Economics Discussion Papers ; No. 2010-16

Classification and Topics

• Classification: Wirtschaft ; Production, Pricing, and Market Structure; Size Distribution of Firms ; Oligopoly and Other Imperfect Markets ; Monopolization; Horizontal Anticompetitive Practices ; Retail and Wholesale Trade; e-Commerce ; Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions ; Stochastic and Dynamic Games; Evolutionary Games; Repeated Games
• Subject: Geographic antitrust market definition ; discrete choice ; Einzelhandel ; Region ; Relevanter Markt ; Einkaufsstättenwahl ; Konzentrationspolitik ; Großbritannien

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Beckert, Walter
• Event: Veröffentlichung
• (who): Kiel Institute for the World Economy (IfW)
• (where): Kiel
• (when): 2010

Further information

• Handle: http://hdl.handle.net/10419/32774
• Last update: 10.03.2025, 11:42 AM CET