Brown Bag seminar in Economics | Marcus Hagman
Welcome to the Brown Bag Seminar in Economics organized by the Department of Economics, SSE. The seminar speaker is Marcus Hagman, SSE, who will present "Collusion and Price Transmission: Evidence from the German Retail Gasoline Market"
I study the effect of collusion on price transmission in the German retail gasoline market. I identify collusive pairs of brands by correlating the brand identity of nearby stations with prices. Comparing the price transmission of collusive stations with non-collusive stations, I find no difference in how they react to either increases or decreases in the crude oil price. This result stands in contrast to a popular theory claiming that gas stations collude by limiting their reactions to decreases in input prices.
Marcus Hagman is a Ph.D. student at SSE, in the Department of Economics.
This seminar takes place at Stockholm School of Economics, Sveavägen 65, in room A750.
Please contact nicola.donohoe@hhs.se if you have any questions.