Local Market Structure And Strategic Organizational Form Choices Evidence From Gasoline Stations

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Local Market Structure and Strategic Organizational Form Choices: Evidence from Gasoline Stations

Author : Federal Trade Federal Trade Commission
Publisher :
ISBN 13 : 9781502491053
Total Pages : 40 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis Local Market Structure and Strategic Organizational Form Choices: Evidence from Gasoline Stations by : Federal Trade Federal Trade Commission

Download or read book Local Market Structure and Strategic Organizational Form Choices: Evidence from Gasoline Stations written by Federal Trade Federal Trade Commission and published by . This book was released on 2014-09-26 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: An extensive literature shows that agency issues and transactions costs influence vertical integration. Another mature literature indicates that market structure influences competitive behavior. However, less consideration has been given to how vertical integration and market structure may interact. The Federal Trade Commission addresses this gap by focusing on the potential for moral hazard caused by intra-firm competition in retail gasoline markets. It is argued that when multiple stations share a common brand in a market, a vertically separated station has an incentive to deviate from the cooperative strategy that the brand-owning refiner would prefer. This book empirically tests this prediction using rich data, and find evidence of such moral hazard. Moreover, it's found that refiners behave in a way consistent with the desire to minimize it: They are more likely to employ vertically separated contracts in markets where the number of affiliated stations is small.

Local Market Structure and Strategic Organizational Form Choices

Author : Nathan E. Wilson
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis Local Market Structure and Strategic Organizational Form Choices by : Nathan E. Wilson

Download or read book Local Market Structure and Strategic Organizational Form Choices written by Nathan E. Wilson and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Choice of Organizational Form in Gasoline Retailing and the Costs of Laws Limiting that Choice

Author : Asher Blass
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (247 download)

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Book Synopsis The Choice of Organizational Form in Gasoline Retailing and the Costs of Laws Limiting that Choice by : Asher Blass

Download or read book The Choice of Organizational Form in Gasoline Retailing and the Costs of Laws Limiting that Choice written by Asher Blass and published by . This book was released on 1999 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a new data source to analyze the choice of organizational form of retail gasoline stations. In recent years, gasoline stations have tended to be less likely to be owned and operated by a lessee dealer and more likely to be owned and operated by the refiner. Critics have alleged that company-operated stations are used to drive lessee dealer stations out of business in order to restrict competition. We examine the determinants of organizational form and find them to be based on efficiency not predatory concerns. We estimate the costs of recent laws prohibiting company ownership of gasoline stations

Changing Market Structure and Evolving Ways to Compete

Author : Taehwan Kim
Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Changing Market Structure and Evolving Ways to Compete by : Taehwan Kim

Download or read book Changing Market Structure and Evolving Ways to Compete written by Taehwan Kim and published by . This book was released on 2019 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the pricing behavior of sellers in a market undergoing a significant restructuring using data from the ongoing introduction of self-service technology in the Korean gasoline market in the 2000s. I provide evidence that the full-service premium (or equivalently, self-service discount) increased during the market transition. I show that a simple model of monopolistic competition is not enough to explain the increasing premium. I find that the pricing behavior of sellers differ by product position: self-service sellers compete for price-sensitive consumers, whereas full-service sellers differentiate their product by offering a variety of bundled products and services, such as coffee, carwash or even a nail salon, to compete for less-price-sensitive consumers. Taken together, the strategic choices of sellers evolve in different ways when market structure changes, each type of seller using its unique position, resulting in an increase in the full-service premium in this market.

The Structuring of Organizations

Author : Henry Mintzberg
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The Structuring of Organizations by : Henry Mintzberg

Download or read book The Structuring of Organizations written by Henry Mintzberg and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Synthesizes the empirical literature on organizationalstructuring to answer the question of how organizations structure themselves --how they resolve needed coordination and division of labor. Organizationalstructuring is defined as the sum total of the ways in which an organizationdivides and coordinates its labor into distinct tasks. Further analysis of theresearch literature is neededin order to builda conceptualframework that will fill in the significant gap left by not connecting adescription of structure to its context: how an organization actuallyfunctions. The results of the synthesis are five basic configurations (the SimpleStructure, the Machine Bureaucracy, the Professional Bureaucracy, theDivisionalized Form, and the Adhocracy) that serve as the fundamental elementsof structure in an organization. Five basic parts of the contemporaryorganization (the operating core, the strategic apex, the middle line, thetechnostructure, and the support staff), and five theories of how it functions(i.e., as a system characterized by formal authority, regulated flows, informalcommunication, work constellations, and ad hoc decision processes) aretheorized. Organizations function in complex and varying ways, due to differing flows -including flows of authority, work material, information, and decisionprocesses. These flows depend on the age, size, and environment of theorganization; additionally, technology plays a key role because of itsimportance in structuring the operating core. Finally, design parameters aredescribed - based on the above five basic parts and five theories - that areused as a means of coordination and division of labor in designingorganizational structures, in order to establish stable patterns of behavior.(CJC).

Dissertation Abstracts International

Author :
Publisher :
ISBN 13 :
Total Pages : 534 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Dissertation Abstracts International by :

Download or read book Dissertation Abstracts International written by and published by . This book was released on 2009-11 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategic Marketing in the Global Forest Industries

Author : Heikki Juslin
Publisher :
ISBN 13 :
Total Pages : 616 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Strategic Marketing in the Global Forest Industries by : Heikki Juslin

Download or read book Strategic Marketing in the Global Forest Industries written by Heikki Juslin and published by . This book was released on 2002 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Vertical Foreclosure

Author :
Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Vertical Foreclosure by :

Download or read book Vertical Foreclosure written by and published by . This book was released on 2008 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Petroleum Review

Author :
Publisher :
ISBN 13 :
Total Pages : 664 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Petroleum Review by :

Download or read book Petroleum Review written by and published by . This book was released on 1995 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bulletin of the Atomic Scientists

Author :
Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4./5 ( download)

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Book Synopsis Bulletin of the Atomic Scientists by :

Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1970-06 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.

The Antitrust Paradox

Author : Robert Bork
Publisher :
ISBN 13 : 9781736089712
Total Pages : 536 pages
Book Rating : 4.0/5 (897 download)

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Book Synopsis The Antitrust Paradox by : Robert Bork

Download or read book The Antitrust Paradox written by Robert Bork and published by . This book was released on 2021-02-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.

Handbook of Production Economics

Author : Subhash C. Ray
Publisher : Springer Nature
ISBN 13 : 9811034559
Total Pages : 1797 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Handbook of Production Economics by : Subhash C. Ray

Download or read book Handbook of Production Economics written by Subhash C. Ray and published by Springer Nature. This book was released on 2022-06-02 with total page 1797 pages. Available in PDF, EPUB and Kindle. Book excerpt: This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.

Commerce Business Daily

Author :
Publisher :
ISBN 13 :
Total Pages : 1512 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Commerce Business Daily by :

Download or read book Commerce Business Daily written by and published by . This book was released on 1997-12-31 with total page 1512 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Output Measurement in the Service Sectors

Author : Zvi Griliches
Publisher : University of Chicago Press
ISBN 13 : 0226308898
Total Pages : 576 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Output Measurement in the Service Sectors by : Zvi Griliches

Download or read book Output Measurement in the Service Sectors written by Zvi Griliches and published by University of Chicago Press. This book was released on 2008-04-15 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is the fall in overall productivity growth in the United States and other developed countries related to the rising share of the service sectors in the economy? Since services represent well over half of the U.S. gross national product, it is also important to ask whether these sectors have had a slow rate of growth, as this would act as a major drag on the productivity growth of the overall economy and on its competitive performance. In this timely volume, leading experts from government and academia argue that faulty statistics have prevented a clear understanding of these issues.

Varieties of Capitalism

Author : Peter A. Hall
Publisher : Oxford University Press
ISBN 13 : 0199247749
Total Pages : 557 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Varieties of Capitalism by : Peter A. Hall

Download or read book Varieties of Capitalism written by Peter A. Hall and published by Oxford University Press. This book was released on 2001 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

The American Economic Review

Author :
Publisher :
ISBN 13 :
Total Pages : 998 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The American Economic Review by :

Download or read book The American Economic Review written by and published by . This book was released on 2004-03 with total page 998 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Discrete Choice Methods with Simulation

Author : Kenneth Train
Publisher : Cambridge University Press
ISBN 13 : 0521766559
Total Pages : 399 pages
Book Rating : 4.5/5 (217 download)

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Book Synopsis Discrete Choice Methods with Simulation by : Kenneth Train

Download or read book Discrete Choice Methods with Simulation written by Kenneth Train and published by Cambridge University Press. This book was released on 2009-07-06 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the new generation of discrete choice methods, focusing on the many advances that are made possible by simulation. Researchers use these statistical methods to examine the choices that consumers, households, firms, and other agents make. Each of the major models is covered: logit, generalized extreme value, or GEV (including nested and cross-nested logits), probit, and mixed logit, plus a variety of specifications that build on these basics. Simulation-assisted estimation procedures are investigated and compared, including maximum stimulated likelihood, method of simulated moments, and method of simulated scores. Procedures for drawing from densities are described, including variance reduction techniques such as anithetics and Halton draws. Recent advances in Bayesian procedures are explored, including the use of the Metropolis-Hastings algorithm and its variant Gibbs sampling. The second edition adds chapters on endogeneity and expectation-maximization (EM) algorithms. No other book incorporates all these fields, which have arisen in the past 25 years. The procedures are applicable in many fields, including energy, transportation, environmental studies, health, labor, and marketing.