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- W2087498552 abstract "This paper investigates competition between chain-stores and independents in the UK opticians' industry, using the relationship between the number of outlets present in a local market and the market size. Chain-stores are shown to have a significant effect on local market competition. In addition, the empirical approach is extended to allow inferences on the nature and extent of product differentiation. The results are broadly consistent with a model of vertical product differentiation in which chain-stores adopt national pricing strategies. The evidence suggests that the nature of competition between independent retailers depends on whether a chain-store is present." @default.
- W2087498552 created "2016-06-24" @default.
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- W2087498552 date "2006-01-01" @default.
- W2087498552 modified "2023-10-18" @default.
- W2087498552 title "Chain-store Pricing and the Structure of Retail Markets" @default.
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- W2087498552 doi "https://doi.org/10.2139/ssrn.888532" @default.
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