search query: @author Clemenz, G. / total: 7
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| Author: | Clemenz, G. |
| Title: | Competition via shopping hours: a case for regulation? |
| Journal: | Journal of Institutional and Theoretical Economics
1994 : DEC, VOL. 150:4, p. 625-641 |
| Index terms: | COMPETITION SHOPPING ECONOMICS |
| Language: | eng |
| Abstract: | The author of this article considers a market for a homogeneous good with consumers who differ only with respect to their preferred shopping times. The length of the shopping day affects costs in two ways: operating costs are increasing and capacity costs are decreasing, in trading hours. The author shows that a pure monopolist keeps his shop open for longer than is socially optimal. |
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