University of Cambridge > Talks.cam > Economics & Policy Seminars, CJBS > Online seminar – Algorithmic pricing and competition: Empirical evidence from the German retail gasoline market

Online seminar – Algorithmic pricing and competition: Empirical evidence from the German retail gasoline market

Add to your list(s) Download to your calendar using vCal

  • UserDaniel Ershov, Assistant Professor, Toulouse School of Economics
  • ClockWednesday 20 October 2021, 15:00-16:00
  • Housevia zoom .

If you have a question about this talk, please contact Emily Brown.

Meeting ID: 880 9681 5173 Password: 130612

We provide the first empirical analysis of the relationship between algorithmic pricing (AP) and competition by studying the impact of adoption in Germany’s retail gasoline market, where software became widely available in 2017. Because adoption dates are unknown, we identify adopting stations by testing for structural breaks in AP markers, finding most breaks to be around the time of widespread AP introduction. Because station adoption is endogenous, we instrument using headquarters adoption. Adoption increases margins, but only for non-monopoly stations. In duopoly stations, margins increase only if both stations adopt, suggesting that AP has a significant effect on competition.

This talk is part of the Economics & Policy Seminars, CJBS series.

Tell a friend about this talk:

This talk is included in these lists:

Note that ex-directory lists are not shown.

 

© 2006-2022 Talks.cam, University of Cambridge. Contact Us | Help and Documentation | Privacy and Publicity