Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/79984
Authors: 
May, Frank Christian
Münster, Johannes
Year of Publication: 
2013
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2013: Wettbewerbspolitik und Regulierung in einer globalen Wirtschaftsordnung - Session: Media und Platform Competition G13-V1
Abstract: 
This paper studies the institutional design of newspaper and periodical wholesale. Motivated by recent developments in Germany, we compare the efficiency properties of two alternative regimes for determining the wholesale margins: collective bargaining (as practised in Germany for the last decades) on the one hand, and local bargaining (as customary in the UK and lately aspired by some German publishers) on the other. We point out several advantages of centralized bargaining: While, in the short run, local bargaining appears more attractive to publishers, it may lead to higher prices for readers and, in the long run, higher total costs of delivery.
JEL: 
L82
C78
L41
Document Type: 
Conference Paper

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