Title: The impact of the market transparency unit for fuels on gasoline prices in Germany
Authors: Dewenter, Ralf 
Heimeshoff, Ulrich
Lüth, Hendrik 
Language: en
Issue Date: 2016
Publisher: düsseldorf university press
Document Type: Working Paper
Journal / Series / Working Paper (HSU): DICE discussion paper 
Issue: 220
Publisher Place: Düsseldorf
Abstract: 
Increasing horizontal as well as vertical transparency in oligopolistic markets can be advantageous for consumers, due to reduced search costs. However, market transparency can also affect incentives to deviate from collusive agreements and the punishment by rival firms in the market. Using a panel of 27 European countries, we analyze the impact of increased market transparency via the introduction of a market transparency unit for fuels in Germany. Applying a difference-in-differences approach, we find evidence that both gasoline and diesel prices have increased. While consumers may be better off using a retail price app for fuels, gas stations are also able to compare prices at almost no cost.
Organization Units (connected with the publication): VWL, insb. Industrieökonomik 
URL: https://ub.hsu-hh.de/DB=1.8/XMLPRS=N/PPN?PPN=859464369
http://hdl.handle.net/10419/140879
http://www.dice.hhu.de/fileadmin/redaktion/Fakultaeten/Wirtschaftswissenschaftliche_Fakultaet/DICE/Discussion_Paper/220_Dewenter_Heimeshoff_Lueth.pdf
ISBN: 978-3-86304-219-6
Appears in Collections:2016

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