| dc.contributor.author |
Gilligan, Thomas W. |
|
| dc.date.accessioned |
2010-06-11T14:47:14Z |
|
| dc.date.available |
2010-06-11T14:47:14Z |
|
| dc.date.issued |
1985 |
en_US |
| dc.identifier.uri |
https://hdl.handle.net/10535/5841 |
|
| dc.description.abstract |
"The competitive effects of resale price maintenance (RPM) are theoretically diverse. RPM can cause allocation distortions or
promote productive efficiencies in the distribution process.
Moreover, extant cross-sectional empirical evidence is incapable of
distinguishing among the potentially disparate effects of RPM. This
paper conducts hypothesis tests of the alternative theories of RPM.
The empirical framework relates estimates of the effects of RPM for a
cross-section of observations to necessary conditions of the
alternative models. This analysis indicates that RPM is used both to
foster cartels and promote efficiencies in the distribution process.
This result is consistent with the growing body of case study analysis
that suggests that RPM is used for a variety of reasons. This result
also questions the current per se illegal status of RPM in the
antitrust laws. Evidence is also provided concerning the strategic
interaction between manufacturers and dealers in the distribution
process and the use of financial data in analyzing propositions in
industrial organization." |
en_US |
| dc.language |
English |
en_US |
| dc.relation.ispartofseries |
Social Science Working Paper, no. 562 |
en_US |
| dc.subject |
price |
en_US |
| dc.subject |
modeling |
en_US |
| dc.title |
The Competitive Effects of Resale Price Maintenance |
en_US |
| dc.type |
Working Paper |
en_US |
| dc.type.methodology |
Theory |
en_US |
| dc.publisher.workingpaperseries |
California Institute of Technology, Division of the Humanities and Social Sciences, Pasadena, CA |
en_US |
| dc.subject.sector |
Theory |
en_US |