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Tekijä:Wenzel, T.
Otsikko:Deregulation of shopping hours: the impact on independent retailers and chain stores
Lehti:Scandinavian Journal of Economics
2011 : VOL. 113:1 p. 145-166
Asiasana:shopping
retailing
regulations
prices
efficiency
chain stores
models
Kieli:eng
Tiivistelmä:This paper examines shopping hour decisions by retail chains and independent competitors. It proposes a Salop-type model in which retailers compete in prices and shopping hours. The results depend significantly on efficiency differences between the retail chain and the independent retailer. If the efficiency difference is small, the independent retailer may choose longer shopping hours than the retail chain and may thereby gain from deregulation at the expense of the retail chain. The opposite result appears when the efficiency difference is large. Then, the retail chain may benefit whereas the independent retailer loses from deregulation.
SCIMA tietueen numero: 273831
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