HIGHLIGHTS
- who: Flavio Delbono from the Department of Economics, University of Bologna, Bologna, Italy have published the research: A Single Espresso, Please! Rationalizing Espresso Price Dispersion Across Italian Cities, in the Journal: (JOURNAL)
- what: The authors provide an interpretation of the empirical findings relying on model of where firms adjust the mark-up to offset the negative effect of any increase in their number. The authors show that the empirical findings fit better Dastidar`s conclusion than the traditional approaches (imperfect information and collusion) mentioned above. In Appendix A.1 the authors provide a detailed account . . .
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