On the Welfare Effects of Regulating Price Discrimination.
In a model with linear demands and constant variable costs, it is shown that a welfare gain is made by restricting the relative rather than absolute prices that a monopolist can charge for a range of products. The nature of this class of restrictions is considered. One application might occur if cost levels are unknown to the regulatory authority but costs are known to be linear functions of product characteristics. Copyright 1992 by Blackwell Publishing Ltd.
Year of publication: |
1992
|
---|---|
Authors: | Ireland, Norman J |
Published in: |
Journal of Industrial Economics. - Wiley Blackwell. - Vol. 40.1992, 3, p. 237-48
|
Publisher: |
Wiley Blackwell |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
The Provision of Information in a Bertrand Oligopoly.
Ireland, Norman J, (1993)
-
Human Capital, Property Rights, and Labour Managed Firms.
Askildsen, Jan Erik, (1993)
-
Rationing or Restrictions in an Equilibrium Model of Investment Loans
Ireland, Norman J, (2003)
- More ...