The economics of retail markets for new and used cars

Charles Murry; Henry S. Schneider

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Chapter 14: The economics of retail markets for new and used cars

Charles Murry

and

Henry S. Schneider

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Category:: Handbook Chapter

Published:: 29 Jan 2016

Page Range:: 343–367

Collection:: Economics 2016

DOI:: https://doi.org/10.4337/9781783477388.00025

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In this chapter we describe the institutions and economics of new- and used-car retailing. Our aim is to provide a resource for researchers interested in the automobile market. We focus on three categories of economic concepts relevant to car retailing: dealership location choice, including agglomeration, entry, and exit; determinants of car pricing; and information, which is central to the used-car market but also affects the new-car market. We also provide a primer on the institutions of car retailing and a reference on data sources for researchers interested in empirical work involving cars.

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Handbook on the Economics of Retailing and Distribution

Edited by

Emek Basker

Handbook

Published:: 29 Jan 2016

Print ISBN:: 9781783477371

eISBN:: 9781783477388

DOI:: https://doi.org/10.4337/9781783477388

Pages:: c 512

Collection:: Economics 2016

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Subjects
- Business and Management
  - Marketing
- Economics and Finance
  - Industrial Economics

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