A Textbook Example of International Price Discrimination

@article{Cabolis2005ATE,
  title={A Textbook Example of International Price Discrimination},
  author={Christos Cabolis and Sofronis K. Clerides and Ioannis Ioannou and Daniela Senft},
  journal={ERN: Imperfect Competition (Topic)},
  year={2005}
}
We investigate differences in book prices between the United States and other countries. We find that general audience books are similarly priced internationally, but textbooks are substantially more expensive in the United States (often more than double the price). This disparity is much more pronounced for commercial publishers than for university presses. We argue that supply-side factors like cost and market structure can not explain this phenomenon. We discuss several demand-side… Expand
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