English, Article edition: ACCOUNTING FOR SOCIAL COSTS ASSOCIATED WITH RESALE PRICE MAINTENANCE CINDI FLESHMAN; JONATHAN WILLNER

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Physical Description
  • article
Language
  • English

Edition details

Title
  • ACCOUNTING FOR SOCIAL COSTS ASSOCIATED WITH RESALE PRICE MAINTENANCE
Author
  • CINDI FLESHMAN
  • JONATHAN WILLNER
Physical Description
  • article
Notes
  • Resale price maintenance (RPM) can provide a positive or negative effect on social welfare. The evaluation depends on many factors, such as whether a high-demand or low-demand state exists, storage/​holding costs, and disposal costs. A number of articles addressing the welfare effects of RPM conclude they enhance social welfare. Disposal costs for manufactured products are real and increasingly accounted for in firm costs, and are an essential issue in environmental economics. This article examines the case for RPM with disposal costs. When not incorporated into firm profits, RPM may be welfare reducing. (JEL "D42", "D62", "D81") Copyright 2005 Western Economic Association International.
  • RePEc:bla:coecpo:v:23:y:2005:i:3:p:429-435
Language
  • English
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