Station level gasoline demand in an Australian market with regular price cycles
نویسندگان
چکیده
منابع مشابه
Edgeworth Price Cycles in Gasoline: Evidence from the U.S
Studies of gasoline prices in multiple countries have found a repeated sequence of asymmetric cycles where a sharp price increase is followed by gradual decreases. This price pattern is linked to Maskin & Tirole’s (1988) theoretical duopoly pricing game that produces a similar pattern, Edgeworth price cycles. We examine data on average daily city-level retail gasoline and diesel prices for 355 ...
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ژورنال
عنوان ژورنال: Australian Journal of Agricultural and Resource Economics
سال: 2009
ISSN: 1364-985X,1467-8489
DOI: 10.1111/j.1467-8489.2009.00468.x