| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13197 |
| DP13197 Market Liberalization: Price Dispersion, Price Discrimination and Consumer Search in the German Electricity Markets | |
| Klaus Gugler; Maarten Janssen | |
| 发表日期 | 2018-09-20 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent providers can price discriminate between searching and loyal consumers. Empirically we show that local incumbents increase their baseline rate while entrants decrease their tariffs if consumer search increases. Moreover, the incumbent price discriminates more strongly in markets with more consumer search. Using a theoretical model, we show that these pricing patterns are consistent with the strategic interaction of profit-maximizing firms. |
| 主题 | Industrial Organization |
| 关键词 | Search Price dispersion Price discrimination Electricity |
| URL | https://cepr.org/publications/dp13197 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542000 |
| 推荐引用方式 GB/T 7714 | Klaus Gugler,Maarten Janssen. DP13197 Market Liberalization: Price Dispersion, Price Discrimination and Consumer Search in the German Electricity Markets. 2018. |
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