Show simple item record

dc.contributor.authorFabrizi, Simona
dc.contributor.authorLippert, Steffen
dc.contributor.authorPuppe, Clemens
dc.contributor.authorRosenkranz, Stephanie
dc.date.available2012-08-21T02:10:31Z
dc.date.copyright2012-08-16
dc.identifier.citationFabrizi, S., Lippert, S., Puppe, C., & Rosenkranz, S. (2012). Suggested retail prices with downstream competition (Economics Discussion Papers Series No. 1203). University of Otago. Retrieved from http://hdl.handle.net/10523/2435en
dc.identifier.urihttp://hdl.handle.net/10523/2435
dc.description.abstractWe analyze vertical relationships between a manufacturer and competing retailers when consumers have reference-dependent preferences. Consumers adopt the manufacturer’s suggested retail price as their reference price and perceive losses when purchasing above the suggested price and gains when purchasing below it. In equilibrium, retailers undercut price suggestions and the manufacturer suggests a retail price if consumers are sufficiently bargain-loving and perceive retailers as sufficiently undifferentiated.The manufacturer engages in resale price maintenance otherwise. Consumers can be worse off with suggested retail prices than with resale price maintenance, prompting a rethinking of the current legal treatment of suggested retail prices.en_NZ
dc.format.mimetypeapplication/pdf
dc.language.isoenen_NZ
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.subjectsuggested or recommended retail pricesen_NZ
dc.subjectresale price maintenanceen_NZ
dc.subjectreference-dependent preferencesen_NZ
dc.subjectvertical restraintsen_NZ
dc.subjectcompetition law and policyen_NZ
dc.titleSuggested retail prices with downstream competitionen_NZ
dc.typeDiscussion Paperen_NZ
dc.date.updated2012-08-20T22:13:48Z
otago.schoolDepartment of Economicsen_NZ
otago.openaccessOpen
otago.relation.number1203en_NZ
 Find in your library

Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record