Show simple item record

dc.contributor.authorCALZOLARI, Giacomo
dc.contributor.authorICHINO, Andrea
dc.contributor.authorMANARESI, Francesco
dc.contributor.authorNELLAS, Viki
dc.date.accessioned2018-04-14T15:48:31Z
dc.date.available2020-04-14T15:48:31Z
dc.date.issued2018
dc.identifier.citationThe economic journal, 2018, Vol. 128, No. 615, pp. 2843-2875en
dc.identifier.issn0013-0133
dc.identifier.issn1468-0297
dc.identifier.urihttps://hdl.handle.net/1814/66813
dc.descriptionPublished: 13 December 2017en
dc.description.abstractWe measure precisely how competition limits the capacity of sellers to appropriate surplus from less elastic consumers. The evidence originates from pricing strategies of Italian pharmacists in response to exogenous inflows of parents of newborn babies among their buyers. Population‐based laws allow us to use a regression discontinuity design to compare different competitive environments. While more newborn babies have no effect on the price of hygiene products under intense competition, we observe a price increase when competition is low. This effect is not driven by increasing costs because for nappies, demanded by newborns only, we see no effect independently of competition.en
dc.format.mimetypeapplication/pdfen
dc.language.isoenen
dc.publisherOxford Openen
dc.relation.ispartofThe economic journalen
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.titleInelastic buyers and competitionen
dc.typeArticleen
dc.identifier.doi10.1111/ecoj.12558
dc.identifier.volume128en
dc.identifier.startpage2843en
dc.identifier.endpage2875en
dc.identifier.issue615en


Files associated with this item

Icon

This item appears in the following Collection(s)

Show simple item record