Ploeg, Frederick van der - In: Journal of Cultural Economics 28 (2004) 1, pp. 1-20
After describing the essential features of the book market, a welfare analysisof the fixed book price agreement is … long timeto read. Potential advantages of better service, distribution and retailnetworks seem less relevant. The book … market is one of imperfect competition,but even so the cross-subsidy argument is unlikely to be valid. A qualitativeanalysis …