Resale Price Maintenance and the Service Argument (in the Book Trade)

Arbeitspapier

The paper introduces a specification of the demand side which allows RPM to have different effects on prices and on service, which may increase or decrease due to RPM. A feature of the model which deviates from those found in the literature is due to the introduction of a class of consumers who do not search but decide on a purchase spontaneously. More interestingly social welfare is reduced by RPM (at least locally) exactly under those circumstances where RPM induces higher service (and price). Hence, welfare decreases exactly in the case which was frequently presented for the justification of RPM to promote service.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: W.E.P. - Würzburg Economic Papers ; No. 53

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Vertical Restraints; Resale Price Maintenance; Quantity Discounts ; Oligopoly and Other Imperfect Markets ; Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
• Thema: resale price maintenance ; service ; welfare ; Preisbindung ; Buchhandel ; Buch ; Preis ; Dienstleistung ; Kundendienst ; Wohlfahrtseffekt ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Schulz, Norbert
• Ereignis: Veröffentlichung
• (wer): University of Würzburg, Department of Economics
• (wo): Würzburg
• (wann): 2004

Weitere Informationen

• Handle: http://hdl.handle.net/10419/22346
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ