Esteban, Lola; Hernández, José M.; Moraga-González, … - Tinbergen Institute - 2001
This paper studies the relationship between three key elements of the marketing mix, namely, price, product, and … distortions imply that (i) even if CDA increases the market price, the degree of market power need not increase and (ii) CDA may … yield a welfare loss even if it leads to a lower market price. <P> …