-quality menus to segment the market. We show that, contrary to the Coase conjecture for the homogeneous durable good monopoly …

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 …

Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …

This article bridges monopoly, monopsony, and countervailing power theories to analyze their welfare implications in a … vertical supply chain. We develop a bilateral monopoly model with bargaining that accommodates upstream monopsony and … downstream monopoly power. In equilibrium, the ‘‘short-side rule'' applies: the quantity exchanged is determined by the firm …

This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product …

A fundamental result in the theory of commodity taxation is that taxes increase consumer prices and reduce supply …