scholarly journals Price Dispersion and the Role of Stores*

2019 ◽  
Vol 122 (3) ◽  
pp. 1181-1206
Author(s):  
Espen R. Moen ◽  
Fredrik Wulfsberg ◽  
Øyvind Aas
Keyword(s):  
Price Dispersion

scholarly journals Bargaining, Search, and Price Dispersion: Evidence from the Live Hogs Market

2010 ◽  
Vol 39 (3) ◽  
pp. 534-546 ◽  
Author(s):  
Tomislav Vukina ◽  
Xiaoyong Zheng
Keyword(s):  
Panel Data ◽  
Price Dispersion ◽  
Strong Support ◽  
Large Degree ◽  
Spot Market ◽  
Search Theory ◽  
Search Cost ◽  
Price Variation ◽  
Theoretical Predictions

Using unique panel data on individual transactions between buyers and sellers in the spot market for live hogs, we found a large degree of intra-day price dispersion. Motivated by this empirical puzzle, we offer an explanation which is rooted in the bargaining with search theory. We formulate three hypotheses involving the role of farmers’ search cost, bargaining parties’ patience, and asymmetric information that we believe can explain the observed phenomenon. Empirical analysis shows strong support for all three of the stated theoretical predictions, indicating that the bargaining with search theory explains at least 31 percent of the observed intra-day price variation in this market.

The role of information in retail gasoline price dispersion

2019 ◽  
Vol 80 ◽  
pp. 173-187
Author(s):  
Michael D. Noel ◽  
Hongjie Qiang
Keyword(s):  
Price Dispersion ◽  
Gasoline Price ◽  
Retail Gasoline ◽  
Role Of Information

How to measure competition? The role of price dispersion in B2B supply markets

2016 ◽  
Vol 9 (5) ◽  
pp. 568 ◽  
Author(s):  
Paul Scheffler ◽  
Holger Schiele ◽  
Philipp Horn
Keyword(s):  
Price Dispersion
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