Another Perverse Effect of Monopoly Power.

We show that the simple fact that a monopolist sells a good in units whichare indivisible may we induce him to select a quality for his product which is not the highest one, even if no cost of any sort is attached to quality improvement.

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Year of publication:	2000
Authors:	Gabszewicz, J.J. ; Wauthy, X.Y.
Institutions:	Center for Operations Research and Econometrics (CORE), École des Sciences Économiques de Louvain
Subject:	MONOPOLIES \| PRICES \| DISCRIMINATION

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Series:	Papers.
Type of publication:	Book / Working Paper
Notes:	10 pages
Classification:	D42 - Monopoly ; J7 - Discrimination
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005634235