Download or read book Wholesale Price Discrimination written by Sofia Berto Villas-Boas and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we make inferences about wholesale price discrimination and uniform wholesale pricing policy. This is an important question when there is a policy goal to enforce uniform wholesale price legislation in a variety of markets and we address this question by simulating the effects of such uniform wholesale price legislation in a local urban grocery retail market of the United States. Given a demand and supply model of multiple retailers' and manufacturers' oligopoly-pricing behavior we consider: (i) wholesale price discrimination and (ii) no wholesale price discrimination (via uniform price regulation). We demonstrate how wholesale price legislation simulations may be performed given observed data on retail and input prices and retail quantities sold and not available data on wholesale prices. We focus our approach using data on yogurt produced by multiple manufacturers and sold in several stores, and estimate there to be positive welfare effects from preventing wholesale price discrimination, originating from positive effects on consumer surplus although negligible effects on joint vertical producer surplus, resulting from counter balancing negative effects on manufacturer and positive effects on retailer surplus.

Download or read book Wholesale Price Discrimination in Global Sourcing written by Ruomeng Cui and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Previous research has found price discrimination in business-to-consumer (B2C) markets, where buyers are end customers. There is limited research on suppliers' price-quoting behaviors and price discrimination in business-to-business (B2B) markets. It is unclear whether certain characteristics of B2B buyers, who are often representatives of firms and not end customers, would influence suppliers' pricing decisions. In this research, we study wholesale price discrimination by collaborating with a global trading company that runs a field experiment on a global sourcing marketplace. We find that there is no significant difference in the wholesale prices quoted to buyers selling in US and South African markets. We also find that suppliers quote significantly higher wholesale prices to White buyers than to Asian and Black buyers, regardless of country. However, price discrimination disappears when buyers present market information to suppliers, providing the lowest wholesale price offered by other suppliers in the market, whereas price discrimination remains when buyers present social information to suppliers, thereby indicating the buyer is referred by a previous customer. In addition, we show that market information can help buyers obtain a lower wholesale price because it signals a lower willingness to pay. Social information, however, can reduce price quotes for only Black and White buyers, but not for Asian (particularly Chinese) buyers.

Download or read book Wholesale Price Discrimination Parallel Imports written by and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Wholesale Price Discrimination with Regulatory Asymmetry written by Andreas Asseyer and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Wholesale Price Discrimination and Parallel Imports written by Mattias Ganslandt and published by . This book was released on 2007 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Wholesale Price Discrimination written by Uğur Akgün and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In intermediate good markets where there are alternative supply sources, wholesale price discrimination may enhance innovation incentives downstream. We consider a vertical chain where a dominant firm and a competitive fringe supply imperfect substitutes to duopoly retailers which carry both varieties. We show that a ban on price discrimination by the dominant supplier makes uniform pricing credible and reduces retailers' incentives to decrease the cost of acquiring the competitively supplied variety, leading to higher upstream profits and lower downstream welfare. Our analysis complements existing results by identifying a novel channel through which wholesale price discrimination can improve dynamic market efficiency.

Download or read book An Empirical Investigation of the Welfare Effects of Banning Wholesale Price Discrimination written by Sofia Berto Villas-Boas and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic theory does not provide sharp predictions on the welfare effects of banning wholesaleprice discrimination: if downstream cost differences exist, then discrimination shifts productioninefficiently, toward high-cost retailers, so a ban increases welfare; if differences in price elasticityof 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 Germanretailers, 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.

Download or read book Price Discrimination defense Under Robinson Patman Act written by United States. Congress. Senate. Committee on the Judiciary and published by . This book was released on 1951 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Wholesale Most Favored Nation Clauses and Price Discrimination with Negative Consumption Externalities written by Felipe Aviles Lucero and published by . This book was released on 2017 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most-favored-nation (MFN) clauses in wholesale contracts have been the subject of recent controversy and renewed antitrust scrutiny. We demonstrate that an environment where MFN clauses may be adopted share equivalence properties with an environment where a monopolist sells a good exhibiting negative consumption externalities directly to consumers. The welfare effects closely follow those developed in the classic third degree price discrimination literature by Schmalensee (1981) and Varian (1985). We find that the welfare effects of wholesale MFNs are ambiguous for the same reasons the effects of uniform pricing on welfare are ambiguous in the textbook price discrimination problem.

Download or read book Price Discrimination and the Basing point System written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1951 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Price Discrimination in Perspective written by Harry L. Shniderman and published by . This book was released on 1987 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition contains an analysis of the Robinson-Patman Act. Areas discussed include price discrimination under Section 2(a), price concessions through "brokerage" and discrimination in promotional allowances and services. Cost justification and other defenses are also assessed.

Download or read book The Price Discrimination Law written by Corwin D. Edwards and published by Washington : Brookings Institution [1959]. This book was released on 1959 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Price Discrimination in Input Markets written by Fabian Herweg and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The extant theory on price discrimination in input markets takes the structure of the downstream industry as exogenously given. This paper endogenizes the structure of the downstream industry and examines the effects of permitting third-degree price discrimination on market structure and welfare. We identify situations where permitting price discrimination leads to either higher or lower wholesale prices for all downstream firms. These findings are driven by upstream profits being discontinuous due to costly entry. Moreover, permitting price discrimination fosters entry which often improves welfare. Nevertheless, entry can also reduce welfare because it may lead to a severe inefficiency in production.

Download or read book Price Discrimination in Dairy Products written by United States. Congress. House. Select Committee on Small Business and published by . This book was released on 1958 with total page 1482 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Price Discrimination in the Distribution of Dairy Products written by and published by . This book was released on 1959 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Price Discrimination written by United States. Congress. House. Select Committee on Small Business and published by . This book was released on 1956 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Price Discrimination written by United States. Congress. House. Select Committee on Small Business and published by . This book was released on 1956 with total page 1318 pages. Available in PDF, EPUB and Kindle. Book excerpt: