Quotation Weiss, Christoph, Kügler, Agnes. 2016. Time as a Strategic Variable: Business Hours in the Gasoline Market. Applied Economics Letters 23 (15), 1051-1056.


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Abstract

A popular argument in policy discussions on the liberalization of business hours proceeds on the assumption that business hours are strategic complements: if some firms open longer hours, competitors will be forced to extend their opening hours too. We provide first empirical evidence on the impact of competition and the form of strategic interaction in business hours between firms by using detailed information on business hours as well as the location of retail gasoline stations in Austria. Our findings reject the presumption of business hours being strategic complements. Firms tend to have longer opening hours in a more competitive environment.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Applied Economics Letters
Citation Index SSCI
WU Journalrating 2009 A
Language English
Title Time as a Strategic Variable: Business Hours in the Gasoline Market
Volume 23
Number 15
Year 2016
Page from 1051
Page to 1056
Reviewed? Y
DOI http://dx.doi.org/10.1080/13504851.2015.1133888

Associations

People
Weiss, Christoph (Details)
Kügler, Agnes (Former researcher)
Organization
Institute for Economic Policy and Industrial Economics IN (Details)
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