Nicolas de Roos

Learning to Coordinate: A Study in Retail Gasoline

Publisher: American Economic Association

Date: 02-2019

DOI: 10.1257/AER.20170116

Abstract: This paper studies equilibrium selection in the retail gasoline industry. We exploit a unique dataset that contains the universe of station-level prices for an urban market for 15 years, and that encompasses a coordinated equilibrium transition mid-s le. We uncover a gradual, three-year equilibrium transition, whereby dominant firms use price leadership and price experiments to create focal points that coordinate market prices, soften price competition, and enhance retail margins. Our results inform the theory of collusion, with particular relevance to the initiation of collusion and equilibrium selection. We also highlight new insights into merger policy and collusion detection strategies. (JEL G34, L12, L13, L71, L81, Q35)

Start-up Search Costs

Publisher: American Economic Association

Date: 05-2022

DOI: 10.1257/MIC.20190279

Abstract: Workhorse economic models used for studying the market impacts of search frictions assume constant search costs: in iduals pay the same cost to obtain price information each time they search. This paper provides evidence on a new form of search costs: start-up costs. Exploiting a natural experiment in retail gasoline, we document how a temporary, large exogenous shock to consumers’ search incentives leads to a substantial, permanent increase in price search. A standard search model fails to explain such history dependence in search, while it follows directly from a model with a one-time up-front cost to start searching. (JEL D83, L13, L81)

Shipwrecks and treasure hunters

Publisher: Elsevier BV

Date: 05-2018

DOI: 10.1016/J.JEDC.2018.03.004

Cheap Tuesdays and the demand for cinema

Publisher: Elsevier BV

Date: 03-2014

DOI: 10.1016/J.IJINDORG.2014.02.004

Consumer Search in Retail Gasoline Markets

Publisher: Wiley

Date: 03-2017

DOI: 10.1111/JOIE.12119

GeoPrune: Efficiently Matching Trips in Ride-sharing Through Geometric Properties

Publisher: ACM

Date: 07-07-2020

DOI: 10.1145/3400903.3400912

Effects of online and offline advertising and their synergy on direct telephone sales

Publisher: Elsevier BV

Date: 09-2023

DOI: 10.1016/J.JRETAI.2023.06.001

University Of Liverpool

Location: United Kingdom of Great Britain and Northern Ireland

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Research Networks - Grant ID: RN0458466

Start Date: 12-2004

End Date: 12-2010

Amount: $1,500,000.00

Funder: Australian Research Council

Discovery Projects - Grant ID: DP210102321

Start Date: 05-2021

End Date: 05-2025

Amount: $311,801.00

Funder: Australian Research Council