Price advertising, double marginalisation and vertical restraints
نویسندگان
چکیده
منابع مشابه
Vertical Integration, Foreclosure and Profits in the Presence of Double Marginalisation
Ce document est publié dans l'intention de rendre accessible les résultats préliminaires de la recherche effectuée au CIRANO, afin de susciter des échanges et des suggestions. Les idées et les opinions émises sont sous l'unique responsabilité des auteurs, et ne représentent pas nécessairement les positions du CIRANO ou de ses partenaires. This paper presents preliminary research carried out at ...
متن کاملEmpirical Regularities on Vertical Restraints∗
This paper exploits a unique panel dataset of Spanish manufacturing firms containing information on vertical restraints with retailers and wholesalers. This data reports detailed information on firm distribution systems and the type of vertical restraints that firms impose: Franchise fee, Resale price maintenance, Full-line forcing, Exclusive territories and Exclusive dealing, which is a rather...
متن کاملPrice and non - price restraints when retailers are vertically differentiated
This paper considers vertical restraints in the context of an intrabrand competition model in which a single manufacturer deals with two vertically differentiated retailers. We establish two main results. First, if the market cannot be vertically segmented, the manufacturer will foreclose the low quality retailer either directly by dealing exclusively with the high quality retailer, or indirect...
متن کاملVertical Information Restraints: Pro- and Anti-Competitive Impacts of Minimum Advertised Price Restrictions
We consider vertical contracts where the retail market may involve search frictions. Minimum advertised price restrictions (MAP) act as a restraint on customers’ information and so can increase search frictions in the retail sector. Such restraints, thereby, soften retail competition—an impact also generated by resale price maintenance (RPM). However, by accommodating (consumer or retailer) het...
متن کاملE-book Pricing and Vertical Restraints∗
This paper empirically analyzes how the use of vertical price restraints has impacted retail prices in the market for e-books. In 2010 five of the six largest publishers simultaneously adopted the agency model of book sales, allowing them to directly set retail prices. This led the Department of Justice to file suit against the publishers in 2012, the settlement of which prevents the publishers...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Economics Letters
سال: 2020
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2020.109600