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A durable good monopolist faces a continuum of heterogeneous customers who make purchase decisions by comparing present and expected price-quality offers. The monopolist designs a sequence of price-quality menus to segment the market. We consider the Markov Perfect Equilibrium (MPE) of a game...
Persistent link: https://www.econbiz.de/10013212257
discrimination will improve monopoly profit if and only if information precision is higher than a certain threshold level. This U … monopoly’s investment in information accuracy. However, this cost should not dissuade firms to collect some information on …
Persistent link: https://www.econbiz.de/10013323970
-quality menus to segment the market. We show that, contrary to the Coase conjecture for the homogeneous durable good monopoly …
Persistent link: https://www.econbiz.de/10013324224
solution. Then we consider a monopoly. Market power affects both output and sugar content, possibly in opposite directions, and …
Persistent link: https://www.econbiz.de/10012891570
We consider the regulation of a monopoly facing consumers that may evade payments, an important issue in public … utilities. To maximize total surplus, the regulator sets the price and socially costly transfers, ensuring that the monopoly …
Persistent link: https://www.econbiz.de/10013299243
that the monopoly platform does not introduce distortions over and above those arising from the market power of the …
Persistent link: https://www.econbiz.de/10010275870
We consider a non-durable good monopoly that collects data on its customers in order to profile them and subsequently … monopoly equilibrium profit is globally an increasing function of the privacy cost while in the PHI case, it is almost always a …
Persistent link: https://www.econbiz.de/10012657985
We consider a non-durable good monopoly that collects data on its customers in order to profile them and subsequently … monopoly equilibrium profit is globally an increasing function of the privacy cost while in the PHI case, it is almost always a …
Persistent link: https://www.econbiz.de/10013213778
We investigate the welfare effects of third-degree price discrimination by a two-sided platform that enables interaction between buyers and sellers. Sellers are heterogenous with respect to their per-interaction benefit, and, under price discrimination, the platform can condition its fee on...
Persistent link: https://www.econbiz.de/10014377592
We provide the first estimates of the extent of common ownership of competing firms in Australia. Combining data on market shares and substantial shareholdings, we calculate the impact of common ownership on effective market concentration. Among firms where we can identify at least one owner, 31...
Persistent link: https://www.econbiz.de/10012582081