Why Shops Close Again: An Evolutionary Perspective on the Deregulation of Shopping Hours

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Kosfeld, M;
  • Publisher: Microeconomics
  • Related identifiers: doi: 10.1016/S0014-2921(01)00092-7, doi: 10.5167/uzh-2234
  • Subject: Department of Economics | L51 - Economics of Regulation | equilibrium theory | 330 Economics | shopping; noncooperative games; equilibrium theory; deregulations | C62 - Existence and Stability Conditions of Equilibrium | noncooperative games | Deregulation, Shopping hours, Equilibrium selection, Coordination | deregulations | shopping
    • jel: jel:L51 | jel:C62

This paper introduces a new perspective on the deregulation of shopping hours based on ideas from evolutionary game theory. We study a retail economy where shopping hours have been deregulated recently. It is argued that first, the deregulation leads to a coordination p... View more
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