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Using data from several seasons in Rwanda, we test the indpendence between Laspeyres local and seasonal price indices and nominal living standards in Rwanda. the results show that the hypothesis of independence cannot generally be rejected in rwanda, although the choice of the adult-equivalence...
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Improving retailers' incentives for service is a prominent efficiency defense for resale price maintenance (RPM). We investigate the incentives of symmetric manufacturers to use RPM when selling products through common retailers who provide services such as pre-sale advice. We show that the...
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