Consumer Search in Retail Gasoline Markets

被引:24
|
作者
Byrne, David P. [1 ]
de Roos, Nicolas [2 ]
机构
[1] Univ Melbourne, Dept Econ, FBE Bldg, Melbourne, Vic, Australia
[2] Univ Sydney, Sch Econ, Merewether Bldg, Sydney, NSW, Australia
来源
JOURNAL OF INDUSTRIAL ECONOMICS | 2017年 / 65卷 / 01期
关键词
PRICE CYCLES; DISPERSION;
D O I
10.1111/joie.12119
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper develops direct tests for search behavior in retail gasoline markets. We exploit a unique market-level dataset that allows us to directly measure search intensity with daily web traffic data from a gasoline price reporting website and perfectly measure daily changes in price levels and dispersion. Our simple yet powerful tests provide strong evidence of both cross-sectional and intertemporal price search.
引用
收藏
页码:183 / 193
页数:11
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