The Economic Efficiency of Sunday Trading Restrictions
研究了英国和欧洲对商店周日营业的限制,理论上竞争可能导致低效的过度营业,但实证证据显示放松管制会降低成本与价格。
Restriction of shop opening hours is current, but controversial, pr actice in Britain and much of Europe. The economic case presented for such restrictions is that, given the constraint that individual shop s may not vary their price by time of day, competitive pressures woul d induce excessive opening at times when high costs would be incurred , such as on Sundays. The authors show that such inefficient equilib ria are a theoretical possibility. Empirical evidence on retail costs and demand in the United Kingdom shows that this case does not arise in practice and that deregulation of opening hours would lead to low er costs and prices. Copyright 1987 by Blackwell Publishing Ltd.