New evidence on price discrimination and retail configuration
- 1 February 2001
- journal article
- research article
- Published by Taylor & Francis in Applied Economics Letters
- Vol. 8 (2) , 135-139
- https://doi.org/10.1080/13504850150204219
Abstract
In a frequently cited paper in the industrial organization literature, Shepard examines the extent to which gasoline stations can price discriminate by offering both selfand full-service gasoline rather than offering only a single service choice. Given the idiosyncratic nature of the data used in Shepard's original study and the recommendations of the author, this issue is re-examined using a larger and richer data set with a more typical smaller proportion of full-service-only stations. Using a panel of station-level data from the Los Angeles retail gasoline market from 1992'1995, Shepard's original findings are confirmed.Keywords
This publication has 2 references indexed in Scilit:
- Price Discrimination and Retail ConfigurationJournal of Political Economy, 1991
- A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for HeteroskedasticityEconometrica, 1980