This paper presents simple conditions for monopoly third-degree price discrimination to have negative or positive …

discriminatory prices are close together, so the cost of misallocation is less than the benefit of higher output. …

output and welfare. We focus on benchmark cases, including constant demand elasticities, with constant curvature of inverse … output) and one (for welfare), and (b) whether low-price markets have greater curvature than high-price markets. …

The effects of demand shifts on output, price and profits in imperfectly competitive industries with no entry or exit … functions. Necessary and sufficient conditions for output, price and profits to increase with an outward demand shift are … derived for each case. Either output or the price, but not both, may fall with a positive demand shift. Profits may also fall …

tips to monopoly, after which entry is hard, often even too hard given incompatibility. And while switching costs can …

monopoly entrusts pricing decisions to a manager who enjoys consuming her monetary rewards but dislikes production effort. The …