کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5078194 1477341 2011 8 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Resale price maintenance and restrictions on dominant firm and industry-wide adoption
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Resale price maintenance and restrictions on dominant firm and industry-wide adoption
چکیده انگلیسی
We consider a model in which firms use resale price maintenance (RPM) to dampen competition. We find that even though the motive for using RPM is thus anti-competitive, market forces may limit the overall adverse impact on consumers. Indeed, we find that when there are a large number of firms in the market, consumer welfare under a laissez-faire policy might be as high or almost as high as it would be under an alternative policy in which RPM is banned. Government interventions that put an upper limit on the extent of industry-wide adoption of RPM can have adverse welfare effects in the model. We further show that proposed guidelines in the United States and Europe may come close to minimizing welfare.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Industrial Organization - Volume 29, Issue 2, March 2011, Pages 179-186
نویسندگان
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