Who Benefits from Information Disclosure? The Case of Retail Gasoline
How does online price disclosure affect competition when both consumers and firms can use the disclosed information? This paper addresses this question exploiting the sequential implementation of an online price-disclosure policy in the Chilean retail gasoline industry. The results show that disclos...
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| Veröffentlicht in: | American economic journal. Microeconomics 2019-05, Vol.11 (2), p.277-305 |
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| container_title | American economic journal. Microeconomics |
| container_volume | 11 |
| creator | Luco, Fernando |
| description | How does online price disclosure affect competition when both consumers and firms can use the disclosed information? This paper addresses this question exploiting the sequential implementation of an online price-disclosure policy in the Chilean retail gasoline industry. The results show that disclosure increased margins by 9 percent on average, though the effects varied across the country depending on the intensity of local search behavior. Because margins increased the least, and even decreased, in high-search areas, where income is also higher, the results also show that price disclosure policies may have important distributional effects. |
| doi_str_mv | 10.1257/mic.20170110 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 1945-7669 |
| ispartof | American economic journal. Microeconomics, 2019-05, Vol.11 (2), p.277-305 |
| issn | 1945-7669 1945-7685 |
| language | eng |
| recordid | cdi_proquest_journals_2216256104 |
| source | Jstor Complete Legacy; American Economic Association Web |
| subjects | Service stations |
| title | Who Benefits from Information Disclosure? The Case of Retail Gasoline |
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