Article ID Journal Published Year Pages File Type
5078472 International Journal of Industrial Organization 2006 9 Pages PDF
Abstract

This paper shows that private provision of service hours is inefficiently low from a social point of view. We study how asymmetric distributions of consumers' ideal service time impact on this market failure. We also demonstrate how non-uniform distributions of consumers' ideal service time may generate industry configurations where service providers maintain unequal business hours.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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