This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
An empirical investigation of the welfare effects of banning wholesale price discrimination Author info | Abstract | Publisher info | Download info | Related research | Statistics Sofia Berto Villas-Boas
Additional information is available for the following
registered author(s):
Economic theory does not provide sharp predictions on the welfare effects of banning wholesale price discrimination: if downstream cost differences exist, then discrimination shifts production inefficiently, toward high-cost retailers, so a ban increases welfare; if differences in price elasticity of demand across retailers exist, discrimination may increase welfare if quantity sold increases, so a ban reduces welfare. Using retail prices and quantities of coffee brands sold by German retailers, I estimate a model of demand and supply and separate cost and demand differences. Simulating a ban on wholesale price discrimination has positive welfare effects in this market, and less if downstream cost differences shrink, or with less competition. Copyright (c) 2009, RAND.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Article provided by RAND Corporation in its journal The RAND Journal of Economics .
Volume (Year): 40 (2009)
Issue (Month): 1 ()
Pages: 20-46
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Handle: RePEc:bla:randje:v:40:y:2009:i:1:p:20-46Contact details of provider: Web page: http://www.blackwellpublishing.com/journal.asp?ref=0741-6261
Order Information: Web: http://www.blackwellpublishing.com/journal.asp?ref=0741-6261
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Keywords: Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: K. Sudhir & Vrinda Kadiyali & Vithala R. Rao, 2001.
"Structural Analysis of Manufacturer Pricing in the Presence of a Strategic Retailer ,"
Yale School of Management Working Papers
ysm229, Yale School of Management.
[Downloadable!]
McFadden, Daniel L., 1984.
"Econometric analysis of qualitative response models ,"
Handbook of Econometrics ,
in: Z. Griliches† & M. D. Intriligator (ed.), Handbook of Econometrics, edition 1, volume 2, chapter 24, pages 1395-1457
Elsevier.
[Downloadable!] (restricted)
Draganska, Michaela & Klapper, Daniel, 2006.
"Retail Environment and Manufacturer Competitive Intensity ,"
Research Papers
1953, Stanford University, Graduate School of Business.
[Downloadable!]
Daniel P. O'Brien & Greg Shaffer, 1992.
"Vertical Control with Bilateral Contracts ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 23(3), pages 299-308, Autumn.
[Downloadable!] (restricted)
Harvey S. Rosen & Kenneth A. Small, 1981.
"Applied Welfare Economics with Discrete Choice Models ,"
NBER Working Papers
0319, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Stéphane Caprice, 2006.
"Multilateral Vertical Contracting with an Alternative Supply: The Welfare Effects of a Ban on Price Discrimination ,"
Review of Industrial Organization ,
Springer, vol. 28(1), pages 63-80, 02.
[Downloadable!] (restricted)
Sofia Berto Villas-Boas, 2007.
"Vertical Relationships between Manufacturers and Retailers: Inference with Limited Data ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 74(2), pages 625-652, 04.
[Downloadable!] (restricted)
Nevo, Aviv & Rossi, Federico, 2008.
"An approach for extending dynamic models to settings with multi-product firms ,"
Economics Letters ,
Elsevier, vol. 100(1), pages 49-52, July.
[Downloadable!] (restricted)
John Rust & Hui Man Chan & George Hall, 2004.
"Price Discrimination in the Steel Market ,"
Econometric Society 2004 North American Summer Meetings
245, Econometric Society.
Other versions: Kenneth S. Corts, 1998.
"Third-Degree Price Discrimination in Oligopoly: All-Out Competition and Strategic Commitment ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 29(2), pages 306-323, Summer.
[Downloadable!] (restricted)
Holmes, Thomas J, 1989.
"The Effects of Third-Degree Price Discrimination in Oligopoly ,"
American Economic Review ,
American Economic Association, vol. 79(1), pages 244-50, March.
[Downloadable!] (restricted)
Berry, Steven & Levinsohn, James & Pakes, Ariel, 1995.
"Automobile Prices in Market Equilibrium ,"
Econometrica ,
Econometric Society, vol. 63(4), pages 841-90, July.
[Downloadable!] (restricted)
Aviv Nevo, 2000.
"A Practitioner's Guide to Estimation of Random-Coefficients Logit Models of Demand ,"
Journal of Economics & Management Strategy ,
Blackwell Publishing, vol. 9(4), pages 513-548, December.
[Downloadable!] (restricted)
Aviv Nevo, 1998.
"Measuring Market Power in the Ready-to-Eat Cereal Industry ,"
NBER Working Papers
6387, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Aviv Nevo, 2003.
"Measuring Market Power in the Ready-to-Eat Cereal Industry ,"
Microeconomics
0303006, EconWPA.
[Downloadable!] Aviv Nevo, 1999.
"Measuring Market Power in the Ready-to-Eat Cereal Industry ,"
Competition Policy Center, Working Paper Series
CPC99-001, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
[Downloadable!] Nevo, Aviv, 1998.
"Measuring Market Power in the Ready-To-Eat Cereal Industry ,"
Research Reports
25164, University of Connecticut, Food Marketing Policy Center.
[Downloadable!] Nevo, Aviv, 2001.
"Measuring Market Power in the Ready-to-Eat Cereal Industry ,"
Econometrica ,
Econometric Society, vol. 69(2), pages 307-42, March.
Armstrong, Mark & Vickers, John, 2001.
"Competitive Price Discrimination ,"
RAND Journal of Economics ,
The RAND Corporation, vol. 32(4), pages 579-605, Winter.
Varian, Hal R, 1985.
"Price Discrimination and Social Welfare ,"
American Economic Review ,
American Economic Association, vol. 75(4), pages 870-75, September.
[Downloadable!] (restricted)
Rey, Patrick & Tirole, Jean, 2003.
"A Primer on Foreclosure ,"
IDEI Working Papers
203, Institut d'Économie Industrielle (IDEI), Toulouse, revised Nov 2005.
[Downloadable!]
Other versions: McAfee, R Preston & Schwartz, Marius, 1994.
"Opportunism in Multilateral Vertical Contracting: Nondiscrimination, Exclusivity, and Uniformity ,"
American Economic Review ,
American Economic Association, vol. 84(1), pages 210-30, March.
[Downloadable!] (restricted)
Bonnet, CéLine & Dubois, Pierre & Simioni, Michel, 2004.
"Two-Part Tariffs versus Linear Pricing between Manufacturers and Retailers: Empirical Tests on Differentiated Products Markets ,"
IDEI Working Papers
370, Institut d'Économie Industrielle (IDEI), Toulouse, revised Apr 2006.
[Downloadable!]
Other versions:
Bonnet, C. & Dubois, P. & Simioni, M., 2006.
"Two-part tariffs versus linear pricing between manufacturers and retailers : empirical tests on differentiated products markets ,"
Economics Working Paper Archive (Toulouse)
200604, French Institute for Agronomy Research (INRA), Economics Laboratory in Toulouse (ESR Toulouse).
[Downloadable!] Bonnet, C. & Dubois, P. & Simioni, M., 2006.
"Two-Part Tariffs versus Linear Pricing Between Manufacturers and Retailers: Empirical Tests on Differentiated Products Markets ,"
2006 Annual Meeting, August 12-18, 2006, Queensland, Australia
25685, International Association of Agricultural Economists.
[Downloadable!] Bonnet, Céline & Dubois, Pierre & Simioni, Michel, 2006.
"Two-Part Tariffs versus Linear Pricing Between Manufacturers and Retailers: Empirical Tests on Differentiated Products Markets ,"
CEPR Discussion Papers
6016, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Goldberg, Pinelopi Koujianou & Verboven, Frank, 2001.
"The Evolution of Price Dispersion in the European Car Market ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 68(4), pages 811-48, October.
Other versions: Ireland, Norman J, 1992.
"On the Welfare Effects of Regulating Price Discrimination ,"
Journal of Industrial Economics ,
Blackwell Publishing, vol. 40(3), pages 237-48, September.
[Downloadable!] (restricted)
DeGraba, Patrick, 1990.
"Input Market Price Discrimination and the Choice of Technology ,"
American Economic Review ,
American Economic Association, vol. 80(5), pages 1246-53, December.
[Downloadable!] (restricted)
Hellerstein, Rebecca, 2008.
"Who bears the cost of a change in the exchange rate? Pass-through accounting for the case of beer ,"
Journal of International Economics ,
Elsevier, vol. 76(1), pages 14-32, September.
[Downloadable!] (restricted)
Dubin, Jeffrey A & McFadden, Daniel L, 1984.
"An Econometric Analysis of Residential Electric Appliance Holdings and Consumption ,"
Econometrica ,
Econometric Society, vol. 52(2), pages 345-62, March.
[Downloadable!] (restricted)
Daniel McFadden & Kenneth Train, 2000.
"Mixed MNL models for discrete response ,"
Journal of Applied Econometrics ,
John Wiley & Sons, Ltd., vol. 15(5), pages 447-470.
[Downloadable!]
Villas-Boas, Sofia & Hellerstein, Rebecca, 2006.
"Identification of supply models of retailer and manufacturer oligopoly pricing ,"
Economics Letters ,
Elsevier, vol. 90(1), pages 132-140, January.
[Downloadable!] (restricted)
Other versions: Hanemann, W Michael, 1984.
"Discrete-Continuous Models of Consumer Demand ,"
Econometrica ,
Econometric Society, vol. 52(3), pages 541-61, May.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Bonnet, CéLine & Dubois, Pierre & Villas Boas, Sofia B., 2009.
"Empirical Evidence on the Role of Non Linear Wholesale Pricing and Vertical Restraints on Cost Pass-Through ,"
IDEI Working Papers
565, Institut d'Économie Industrielle (IDEI), Toulouse.
[Downloadable!]
Kathryn Graddy & George Hall, 2009.
"A Dynamic Model of Price Discrimination and Inventory Management at the Fulton Fish Market ,"
NBER Working Papers
15019, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Access and
download statistics Did you know? About 1000 archives contribute their bibliographic data to RePEc .
This page was last updated on 2009-11-27.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .