Shopping hours and price competition

被引：23

作者：

Inderst, R ^{[1
]}

Irmen, A

机构：

[1] Univ Mannheim, Dept Econ, D-68131 Mannheim, Germany

[2] Univ London London Sch Econ & Polit Sci, Dept Econ, London WC2A 2AE, England

[3] CEPR, London EC1V 7RR, England

来源：

EUROPEAN ECONOMIC REVIEW | 2005年 / 49卷 / 05期

关键词：

opening hours; retailing; deregulation; multi-dimensional product differentiation;

D O I：

10.1016/j.euroecorev.2003.06.002

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper develops an argument why retail prices may rise in response to the deregulation of opening hours. We make this point in a model of imperfect duopolistic competition. In a deregulated market retailers view the choice of opening hours as a means to increase the degree of perceived product differentiation thus relaxing price competition. If the consumers' preference intensity for time is sufficiently high the equilibrium configuration has asymmetric shopping hours where one retailer stays open for longer than the other. Both retailers charge higher prices than under regulation, and both are strictly better off. (c) 2003 Elsevier B.V. All rights reserved.

引用

页码：1105 / 1124

页数：20

共 21 条

[1] SPATIAL COMPETITION WITH DIFFERENTIATED PRODUCTS [J].