Challenges for Empirical Research on RPM

B-Tier
Journal: Review of Industrial Organization
Year: 2017
Volume: 50
Issue: 2
Pages: 209-220

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Abstract This article discusses the empirical challenges that researchers face when demonstrating the existence and effects of resale price maintenance (RPM). We outline three approaches for finding price effects of RPM and the corresponding hurdles in data and methodology. We show that the quantity test that was suggested by Posner (Univ Chic Law Rev 45(1):1–20, 1977; Univ Chic Law Rev 48:6–26, 1981) does not identify the change to welfare when demand-enhancing effects are considered generally. Finally, we present some solutions to the challenge of identifying welfare effects, and we suggest guidelines for future research.

Technical Details

RePEc Handle
repec:kap:revind:v:50:y:2017:i:2:d:10.1007_s11151-016-9562-8
Journal Field
Industrial Organization
Author Count
2
Added to Database
2026-01-25