Comments on: What Would Happen If We Boycotted Only One Station? http://www.dailyfueleconomytip.com/miscellaneous/what-would-happen-if-we-boycotted-only-one-station/ Increase Fuel Economy and Save Money at the Pump Sun, 04 Sep 2011 14:30:58 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Eric Lensherr http://www.dailyfueleconomytip.com/miscellaneous/what-would-happen-if-we-boycotted-only-one-station/comment-page-1/#comment-23699 Eric Lensherr Thu, 31 May 2007 15:19:58 +0000 http://www.dailyfueleconomytip.com/?p=376#comment-23699 While it is true that the market demand would not change, the demand for gas from Petro Canada would, and the change would be rather dramatic. The desired effect, I guess, would be to alter the market share of each company, thereby changing any incentive each of them may have for tacit collusion. In particular, it should provide Petro Canada with enough incentive to start lowering prices, even for just a while. Yes, in the long run, gas prices would always move in the direction dictated by the laws of supply and demand. But as Keynes would say, in the long run we would all be dead. While it is true that the market demand would not change, the demand for gas from Petro Canada would, and the change would be rather dramatic. The desired effect, I guess, would be to alter the market share of each company, thereby changing any incentive each of them may have for tacit collusion. In particular, it should provide Petro Canada with enough incentive to start lowering prices, even for just a while. Yes, in the long run, gas prices would always move in the direction dictated by the laws of supply and demand. But as Keynes would say, in the long run we would all be dead.

]]> By: Anonymous http://www.dailyfueleconomytip.com/miscellaneous/what-would-happen-if-we-boycotted-only-one-station/comment-page-1/#comment-23680 Anonymous Thu, 31 May 2007 13:26:53 +0000 http://www.dailyfueleconomytip.com/?p=376#comment-23680 <strong>What Would Happen If We Boycotted Only One Brand of Gas?</strong> It seems that there has been another email floating around, this time asking us to boycott a particular brand of gasoline for an entire month, with the hopes that the boycotted company would have to drop their prices and, in turn, everyone else would h... What Would Happen If We Boycotted Only One Brand of Gas?

It seems that there has been another email floating around, this time asking us to boycott a particular brand of gasoline for an entire month, with the hopes that the boycotted company would have to drop their prices and, in turn, everyone else would h…

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