Price Dispersion and Price Discrimination: Empirical Evidence from a Spot Market for Water

Price Dispersion and Price Discrimination: Empirical Evidence from a Spot Market for Water This note shows the existence of price dispersion and pricediscrimination in a spot market for water.Several behaviors contributing to this dispersion/discrimination arefound for both the seller and buyer in this relatively competitive market,and examples are given of each. Using some previous theoretical work,the common thread linking the differing behaviors is shown to bediffering levels of information and search costs. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

Price Dispersion and Price Discrimination: Empirical Evidence from a Spot Market for Water

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 2002 by Kluwer Academic Publishers
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1023/A:1015099709658
Publisher site
See Article on Publisher Site

Abstract

This note shows the existence of price dispersion and pricediscrimination in a spot market for water.Several behaviors contributing to this dispersion/discrimination arefound for both the seller and buyer in this relatively competitive market,and examples are given of each. Using some previous theoretical work,the common thread linking the differing behaviors is shown to bediffering levels of information and search costs.

Journal

Review of Industrial OrganizationSpringer Journals

Published: Oct 13, 2004

References

  • Search Costs and Price Dispersion in a Localized, Homogenous Product Market: Some Empirical Evidence
    Adams, F. A.

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