Journal of Competition Law & Economics, nhab002.
ISSN/ISBN: Not available at this time. DOI: 10.1093/joclec/nhab002
Abstract: I look for signs of manipulation of the price of almonds in the markets of Albacete, Murcia, and Reus in Spain. To that end, I use Benford’s Law to analyze the distribution of the second and third digits of the price of almonds. I find that prices in the Albacete and Reus markets deviate from Benford’s Law, especially for the third digit, and those in the Murcia market deviate from Benford’s Law for the second digit but not for the third digit. I therefore find signs that the price of almonds in the Spain’s main markets is being manipulated.
Bibtex:
@article{,
author = {Martínez-S{\'a}nchez, Francisco},
title = {Tracking the Price of Almonds in Spain},
journal = {Journal of Competition Law \& Economics},
year = {2021},
month = {03},
doi = {10.1093/joclec/nhab002},
eprint = {https://academic.oup.com/jcle/advance-article-pdf/doi/10.1093/joclec/nhab002/36780637/nhab002.pdf},
}
Reference Type: Journal Article
Subject Area(s): Economics