-valorem taxes. We show that (i) a monopoly may have too high output compared to the social optimum; (ii) output may be reduced by …

that the monopoly platform does not introduce distortions over and above those arising from the market power of the …

uniform 30% markup on all products. We use an estimated discrete choice model of demand for spirits, together with information … profits, and greater welfare. The current one-size-fits-all pricing rule ignores variations in demand elasticities resulting …

typically noisy. Also, the market for information tends to be a monopoly, and there is typically inefficiency given by …

Two-sided platform firms serve distinct customer groups that are connected through interdependent demand, and include …

We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find …, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share …

the viewers' equilibrium demand for high quality content. We find that, although consumers dislike advertisements, an …

and labour and its relation to derived demand. The resulting formula has proven very useful in understanding the derived … demand for productive factors, the distribution of factor incomes, and Marshall's Four Rules. This short paper notes that a …

Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export … shipments. In our inventory model, transportation costs and optimal shipment frequency are determined on the basis of demand as …