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DTSTART;TZID=Europe/Paris:20260121T160000
DTEND;TZID=Europe/Paris:20260121T173000
DTSTAMP:20261013T082636Z
CREATED:20260113T154548Z
LAST-MODIFIED:20261013T082636Z
UID:21395-1769011200-1769016600@i3-cnrs.fr
SUMMARY:Cultural Exception? Cerna seminar: The Impact of Price Regulation on Prices and Variety in the Market for Books
DESCRIPTION:We are pleased to announce that Christos Genakos (Cambridge) will be the next speaker in our CERNA Research Seminar. The seminar will take place Wednesday\, January 21\, 2026 at 4 PM in Salle Vendome. \n  \nChristos will present his paper: \n  \nCultural Exception? The Impact of Price Regulation on Prices and Variety in the Market for Books \n(joint work with Mario Pagliero\, Lorien Sabatino and Tommaso Valletti) \n  \nFixed Book Price (FBP) agreements are a form of resale price maintenance aimed at promoting book variety by restricting retail price competition. Using a comprehensive dataset on the Italian book market before and after FBP implementation\, we find that FBP raises prices but does not significantly impact the number of new titles published. However\, it increases the variety of books purchased\, particularly from independent bookstores. A structural demand model reveals that consumers benefit overall due to improved service quality. Additional evidence suggests FBP shifts competition from price to service\, offering insights for resale price maintenance policies. \nThere will be an opportunity to schedule individual meetings and/or join lunch/dinner with Christos before the seminar. \nPlease enter your preferred time slot here.
URL:https://i3-cnrs.fr/en/evenement/cultural-exception-cerna-seminar-the-impact-of-price-regulation-on-prices-and-variety-in-the-market-for-books/
LOCATION:Mines Paris PSL et en distanciel\, 60 boulevard saint Michel\, 75006\, France
CATEGORIES:Seminaires
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