Modeling intraurban price competition: an example of gasoline pricing

Journal Article · Tue Nov 01 04:00:00 EST 1983 · J. Reg. Sci.; (United States)

DOI:https://doi.org/10.1111/j.1467-9787.1983.tb01007.x· OSTI ID:5659851

Haining, R

Three interacting market models are considered as models for intraurban retail price variation for a single homogenous good, price-posted gasoline. Modifications include spatial markets instead of interacting economic sectors and supply functions independent of price levels in other markets. The final section discusses the results of fitting one of the models to gasoline data for the city of Sheffield during a period of intensifying price competition in the first quarter of 1982. It is concluded, with respect to gasoline price modeling, both independent and interacting market models exist but at different intraurban scales. 15 references, 1 figure, 1 table.

• Research Organization: Univ. of Sheffield, England
• OSTI ID: 5659851
• Journal Information: J. Reg. Sci.; (United States), Journal Name: J. Reg. Sci.; (United States) Vol. 23:4; ISSN JRESA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020500* -- Petroleum-- Products & By-Products
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
ECONOMIC ANALYSIS
ECONOMICS
FUELS
GASOLINE
LIQUID FUELS
MARKET
PETROLEUM PRODUCTS
PRICES
RETAIL PRICES
URBAN AREAS