How Long to Read Resale Price Maintenance in a Successive Monopoly Model

By Markus Dertwinkel-Kalt

How Long Does it Take to Read Resale Price Maintenance in a Successive Monopoly Model?

It takes the average reader to read Resale Price Maintenance in a Successive Monopoly Model by Markus Dertwinkel-Kalt

Assuming a reading speed of 250 words per minute. Learn more

Description

We present a model to explain why a manufacturer may impose a minimum resale price (min RPM) in a successive monopoly setting. Our argument relies on the retailer having non-contractible choice variables, which could represent the price of a substitute good and/or the effort the retailer exerts for service provision or advertising. Our explanation for a min RPM is empirically distinguishable from alternative justifications for a min RPM that rely, for instance, on retailer competition and service free riding among retailers. Whether a min RPM benefits or harms consumers depends on-as we show-why a min RPM is implemented: if the goal is to soften competition with the substitute product, it tends to harm consumers, and if the goal is to secure service provision, it tends to benefit consumers.

How long is Resale Price Maintenance in a Successive Monopoly Model?

Resale Price Maintenance in a Successive Monopoly Model by Markus Dertwinkel-Kalt is 0 pages long, and a total of 0 words.

This makes it 0% the length of the average book. It also has 0% more words than the average book.

How Long Does it Take to Read Resale Price Maintenance in a Successive Monopoly Model Aloud?

The average oral reading speed is 183 words per minute. This means it takes to read Resale Price Maintenance in a Successive Monopoly Model aloud.

What Reading Level is Resale Price Maintenance in a Successive Monopoly Model?

Resale Price Maintenance in a Successive Monopoly Model is suitable for students ages 2 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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