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dc.contributor.authorHöffler, Felixen_US
dc.contributor.authorSchmidt, Klaus M.en_US
dc.date.accessioned2007-12-12en_US
dc.date.accessioned2009-08-06T09:27:53Z-
dc.date.available2009-08-06T09:27:53Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/26931-
dc.description.abstractIn some markets vertically integrated firms sell directly to final customers but also to independent downstream firms with whom they then compete on the downstream market. It is often argued that resellers intensify competition and benefit consumers, in particular when wholesale prices are regulated. However, we show that (i) resale may increase prices and make consumers worse off and that (ii) standard retail minus X regulation may increase prices and harm consumers. Our analysis suggests that this is more likely if the number of integrated firms is small, the degree of product differentiation is low, and/or if competition is spatial.en_US
dc.language.isoengen_US
dc.publisherMax Planck Inst. for Research on Collective Goods Bonnen_US
dc.relation.ispartofseriesPreprints of the Max Planck Institute for Research on Collective Goods 2007,16en_US
dc.subject.jelD43en_US
dc.subject.jelL11en_US
dc.subject.jelL42en_US
dc.subject.jelL51en_US
dc.subject.ddc330en_US
dc.subject.keywordResale regulationen_US
dc.subject.keywordwholesaleen_US
dc.subject.keywordspatial product differentiationen_US
dc.subject.keywordnon-spatial producten_US
dc.subject.stwVerkaufen_US
dc.subject.stwVerbraucheren_US
dc.subject.stwVorprodukten_US
dc.subject.stwPreisbindungen_US
dc.subject.stwKonsumentenrenteen_US
dc.subject.stwTheorieen_US
dc.titleTwo tales on resaleen_US
dc.typeWorking Paperen_US
dc.identifier.ppn551651792en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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