Number of sellers, average prices, and price dispersion

250 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Does Accessibility Affect Retail Prices and Competition? An Empirical Application (2011, background): “This result fits with the findings of Barron et al. (2004) in the U.S.”
Asymmetric Price Adjustment and Consumer Search: An Examination of the Retail Gasoline Market (2011, unknown): “I develop a “reference price” consumer search model that assumes consumers’ expectations of prices are based on prices observed during previous purchases.”
Price Dispersion and Competition with Differentiated Sellers (2008, unknown): “Barron et al. [2004] also find that price dispersion among gas stations is negatively related to the number of sellers in a local market and conclude that observed patterns of price dispersion are consistent with models of spatial”
Retail Gasoline Pricing: What Do We Know? (2008, methodology): “In order to examine asymmetric adjustment as an explanation for our data, we follow Borenstein et al. (1997) and Bachmeier and Griffin (2003) and Lewis (2005a), in estimating the following equation:”
Consumer search and dynamic price dispersion: an application to gasoline markets (2011, background): “…shows that the average price spread between two gas stations is not negligible (more than 5 cents per gallon) and that this spread increases with the octane rating, suggesting that the intensity of price competition 32For examples, see Barron et al (2004), Hosken et al (2008), and Lewis (2008).”