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Received literature have shown that if competing networks are restricted to linear and uniform pricing, high access charges can facilitate collusion; a result that breaks down if we allow for non-linear and discriminatory pricing, however. We show that by adding unbalanced calling pattern to the...
Persistent link: https://www.econbiz.de/10005702527
This paper studies imperfect price competition between two intermediaries in an electronic business …
Persistent link: https://www.econbiz.de/10005342163
-producer may increase his profits by exploiting differences in price elasticity of demand across periods, allocating too little … supply to less elastic periods and too much to more elastic periods. Differences in price elasticity across periods may …
Persistent link: https://www.econbiz.de/10005129764
This paper applies models of price discrimination to the motion picture industry. Movies are durable goods with no … resale market. Therefore, price discrimination using time can be used. The distributors release the movie in two different …
Persistent link: https://www.econbiz.de/10005328969
came to the market in 2000 with a list price of $80,000 per pair. MartinLogan later applied the technology to their mid-price …-amplifier, ART Series 2, and in 2003 added to their product line a stripped-down version of the ART, the Premier 17LS, whose price is … less than one-third the price of the ART. The four-wheel-drive vehicle manufacturer Land Rover introduced their mid-price …
Persistent link: https://www.econbiz.de/10005342349
Music is typical experience good and the formats in which music is available; for example, CDs and cassettes or downloaded files are durable in nature. Using these two typical characteristics of the 'music product', in this paper, we develop an analytical framework to study the economic...
Persistent link: https://www.econbiz.de/10005130159
Based on the critical assumption of strategic complementarity, this paper builds a general model to describe and solve the screening problem faced by the monopolist seller of a network good. By applying monotone comparative static tools, we demonstrate that the joint presence of asymmetric...
Persistent link: https://www.econbiz.de/10005063713
This paper presents a model of price screening for goods with network effects, by a monopoly seller, and by an entry …
Persistent link: https://www.econbiz.de/10005702636
This paper examines the dynamic pricing problem of a durable-good monopolist when product quality is endogenous. It is shown that the relationship between the firm's quality choice and the time-inconsistency problem crucially depends on how the unit production cost varies with quality. The...
Persistent link: https://www.econbiz.de/10005702698
This paper studies the probability of survival of the manufacturing plants that start producing in Chile in the period 1979-1999 using a proportional hazards model. Opposing previous empirical international evidence, the survival diminishes with age, initial size, and with the rate of growth of...
Persistent link: https://www.econbiz.de/10005328922