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Competition in Retailing : One Stop Shopping

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Abstract

Competition between hopping centres, which may take the form of supermarkets (or hypermarkets), shopping malls or high streets, is emplored in a model in which the consumers' choice of centre is determined by the utility available from visiting different centres, based on the range of products on offer and the price vector.

Suggested Citation

  • Smith, H & Hay, D, 1997. "Competition in Retailing : One Stop Shopping," Economics Series Working Papers 99189, University of Oxford, Department of Economics.
    • Handle: RePEc:oxf:wpaper:99189
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    More about this item

    Keywords

    CONSUMERS ; CONSUMPTION ; COMPETITION;
    All these keywords.

    JEL classification:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory

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