A rationale for repealing the 1987 Groceries Order

DSpace/Manakin Repository

Show simple item record

dc.contributor.author Whelan, Ciara
dc.contributor.author Walsh, Patrick P.
dc.date.accessioned 2008-05-13T15:27:15Z
dc.date.available 2008-05-13T15:27:15Z
dc.date.copyright ESRI, 1999 en
dc.date.issued 1999
dc.identifier.citation Economic and Social Review en
dc.identifier.issn 0012-9984
dc.identifier.uri http://hdl.handle.net/10197/127
dc.description.abstract A ban on pricing below cost was implemented under the 1987 Groceries Order based on the premise that loss leading used in multi-product retail pricing distorts competition and exploits consumers in the short run, while driving a more concentrated structure and reducing welfare in the long run. Loss leading is examined for multi-product retailers selling in imperfectly competitive market niches with imperfect consumer information. We develop a theoretical argument in a simple two-stage framework that illustrates how loss leading on a subset of products is an equilibrium outcome of price competition that leaves overall welfare equal to that observed under laissez faire. en
dc.format.extent 4304 bytes
dc.format.mimetype application/pdf
dc.language.iso en en
dc.publisher Economic and Social Research Institute (ESRI) en
dc.subject.lcsh Grocery trade--Law and legislation en
dc.subject.lcsh Price regulation--Ireland en
dc.subject.lcsh Loss leaders--Ireland en
dc.title A rationale for repealing the 1987 Groceries Order en
dc.type Journal Article en
dc.internal.authorurl Ciara Whelan (web page) en
dc.internal.authorurl http://www.ucd.ie/economic/staff/cwhelan/cwweb/cwhome.html en
dc.internal.authorurl Patrick P. Walsh (web page) en
dc.internal.authorurl http://geary.ucd.ie/index.php/Table/About-Items/?ref=13622318 en
dc.internal.authorcontactother Ciara Whelan - Email: Ciara.Whelan@ucd.ie; Tel: 353 1 716 8509 en
dc.internal.authorcontactother Patrick P. Walsh - Email: ppwalsh@ucd.ie; Tel: 353 1 7168435 en
dc.internal.authorid UCD0025 en
dc.internal.authorid UCD0027 en
dc.internal.availability Full text available en
dc.internal.webversions Publisher's version en
dc.internal.webversions http://www.esr.ie/vol30_1/4_Walsh.pdf en
dc.status Peer reviewed en
dc.identifier.volume 30 en
dc.identifier.issue 1 en
dc.identifier.startpage 71 en
dc.identifier.endpage 79 en
dc.neeo.contributor Walsh|Patrick P.|aut|UCD0027
dc.neeo.contributor Whelan|Ciara|aut|UCD0025


Files in this item

This item appears in the following Collection(s)

Show simple item record

This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.

If you are a publisher or author and have copyright concerns for any item, please email research.repository@ucd.ie and the item will be withdrawn immediately. The author or person responsible for depositing the article will be contacted within one business day.

Search Research Repository


Advanced Search

Browse