The paper introduces a specification of the demand side which allows RPM to have different effects on prices and on service, which may increase or decrease due to RPM. A feature of the model which deviates from those found in the literature is due to the introduction of a class of consumers who...

Die Monopolkommission fordert in ihrem XIII. Hauptgutachten die Abschaffung der Buchpreisbindung. Im Gegenzug hat sich die Bundesregierung für deren Erhalt ausgesprochen. Ist die Buchpreisbindung notwendig, um Qualität und Vielfalt auf dem Buchmarkt zu sichern? Wie ist sie aus ökonomischer...

Technology is taking over the world. Moreover, Artificial Intelligence or AI as the latest form of disruption seems to take over the work of creative workers: we find AI as the creator of oil paintings and as potential journalists. AI even takes the approach of creative writing. Therefore, the...

Technology is destroying book culture - at least if one trusts the book industry's branch journals. In this, technology and culture are often discussed as separate matters, which do not seem to get together as the term culture is highly charged with value attribution. However, research on the...