𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Collective competition and the dynamics of market reconfiguration

✍ Scribed by Susanne Hertz; Lars-Gunnar Mattsson

Book ID
116875866
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
268 KB
Volume
20
Category
Article
ISSN
0956-5221

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Thick markets, market competition and pr
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## Abstract By using store‐level transaction price data for books in Ann Arbor, Michigan, and music CDs in Natick, Massachusetts, the implications of thick markets and the intensity of market competition on price markups and the synchronization in price adjustments are empirically tested. The data