Competition in the retail college textbook market
Economics of Education Review Volume 17, Number 1 ISSN 0272-7757 Publisher: Elsevier Ltd
The retail prices of 16 different textbooks at 130 on-campus college and university bookstores are not related to the number of sellers, impediments to entry, or retail service cost differences. The evidence thus does not support accusations that monopoly bookstores charge higher prices than those college bookstores facing off-campus competition. Retail textbook markups appear to be unaffected by any market conditions, suggesting nonprofit-maximizing behavior. ["JEL" L81]
Siegfried, J.J. & Latta, C. Competition in the retail college textbook market. Economics of Education Review, 17(1), 105-115. Elsevier Ltd.