Gasoline retail markets have traditionally attracted a lot of attention from researchers and policy makers. This entry reviews a set of questions studied by Industrial Organisation (IO) economists related to this market. The discussion is organised around three themes. The first reviews papers concerned with the transmission of cost shocks and the cyclical properties of gasoline prices. The second theme includes a variety of papers testing for market power, and providing evidence in favour of price discrimination, tacit collusion, differentiation and vertical restraints. Finally, the last section is devoted to papers evaluating the consequences of economic and environmental regulations in gasoline markets.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
|This chapter was published in: Steven N. Durlauf & Lawrence E. Blume (ed.) , , pages , 2010, 4th quarter update.|
|This item is provided by Palgrave Macmillan in its series The New Palgrave Dictionary of Economics with number v:4:year:2010:doi:3838.|
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/|
|Order Information:|| Web: http://www.dictionaryofeconomics.com/help/faq#_Toc198623697 Email: |