Retail gasoline markets as networks
The structure of a gasoline market can be an important element in the pricing choices of its participants. However, structure is often measured only indirectly by, for example, the number of independent sellers, or by seller density. Here we present a more direct and literal way of exploring market...
| Main Authors: | , |
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| Format: | Working Paper |
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Centre for Research in Applied Economics, Curtin Business School
2010
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| Online Access: | http://hdl.handle.net/20.500.11937/9651 |
| _version_ | 1848746011190624256 |
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| author | Bloch, Harry Wills-Johnson, Nick |
| author_facet | Bloch, Harry Wills-Johnson, Nick |
| author_sort | Bloch, Harry |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The structure of a gasoline market can be an important element in the pricing choices of its participants. However, structure is often measured only indirectly by, for example, the number of independent sellers, or by seller density. Here we present a more direct and literal way of exploring market structure by representing it as a network. We use the structure of the network to delineate submarkets and present some measures from mathematical sociology which can be used to summarise aspects of network structure for use in further analysis. Although our case study here is in retail gasoline markets, the approach has broader application wherever spatial competition is important. |
| first_indexed | 2025-11-14T06:26:28Z |
| format | Working Paper |
| id | curtin-20.500.11937-9651 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:26:28Z |
| publishDate | 2010 |
| publisher | Centre for Research in Applied Economics, Curtin Business School |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-96512017-01-30T11:14:10Z Retail gasoline markets as networks Bloch, Harry Wills-Johnson, Nick Edgeworth Cycles retail gasoline The structure of a gasoline market can be an important element in the pricing choices of its participants. However, structure is often measured only indirectly by, for example, the number of independent sellers, or by seller density. Here we present a more direct and literal way of exploring market structure by representing it as a network. We use the structure of the network to delineate submarkets and present some measures from mathematical sociology which can be used to summarise aspects of network structure for use in further analysis. Although our case study here is in retail gasoline markets, the approach has broader application wherever spatial competition is important. 2010 Working Paper http://hdl.handle.net/20.500.11937/9651 Centre for Research in Applied Economics, Curtin Business School fulltext |
| spellingShingle | Edgeworth Cycles retail gasoline Bloch, Harry Wills-Johnson, Nick Retail gasoline markets as networks |
| title | Retail gasoline markets as networks |
| title_full | Retail gasoline markets as networks |
| title_fullStr | Retail gasoline markets as networks |
| title_full_unstemmed | Retail gasoline markets as networks |
| title_short | Retail gasoline markets as networks |
| title_sort | retail gasoline markets as networks |
| topic | Edgeworth Cycles retail gasoline |
| url | http://hdl.handle.net/20.500.11937/9651 |