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Third-degree price discrimination in the presence of congestion externality
Czerny, Achim Ingo; Zhang, Anming - 2014
This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality … identification of the time-valuation effect of price discrimination, which can work in the opposite direction as the well …
Persistent link: https://www.econbiz.de/10010421801
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Competition in multi-modal transport networks : a dynamic approach
Weijde, Adriaan Hendrik van der; Verhoef, Erik T.; … - 2012
Persistent link: https://www.econbiz.de/10009724348
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Going through the roof : on prices for drugs sold through insurance
Kamphorst, Jurjen; Karamychev, Vladimir A. - 2021 - This version: January 11, 2021
our theory is the health care market, where drug prices can be very high. Our model predicts that monopoly prices for …We offer a theory of how the combination of budget constraints and insurance drives up prices. A natural context for … literature. As a result, prices of drugs sold by a monopoly treating rare serious diseases are doomed to go sky high. …
Persistent link: https://www.econbiz.de/10012416335
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Double limit pricing
Meijden, Gerard van der; Ryszka, Karolina; Withagen, Cees - 2015
We study resource extraction by a non-renewable resource supplier who faces demand from two regions, one of which employs a tax on the imported resource and a subsidy on the available backstop technology, and one that has no environmental policy in place. The resource extraction path possibly...
Persistent link: https://www.econbiz.de/10011431423
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A theory of continuous uncertainty types
Czerny, Achim Ingo; Verhoef, Erik T.; Zhang, Anming - 2015
affects the optimal price/price markup or optimal quantity. A monopoly example is used to show that seemingly strong … uncertainty types can lead to quite special results. Monopoly examples of the newsboy problem type are further used to show that …
Persistent link: https://www.econbiz.de/10010532588
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Customer directed advertising and product quality
Esteban, Lola; Hernandez, Jose M.; Moraga-González, … - 2001
This paper studies the relationship between three key elements of the marketing mix, namely, price, product, and promotion, in a model where a seller employs informative advertising to launch a new product. We propose a fairly general advertising technology for the study of three promotional...
Persistent link: https://www.econbiz.de/10011318584
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Limit pricing, climate policies, and imperfect substitution
Meijden, Gerard van der; Withagen, Cees - 2016
The effects of climate policies are often studied under the assumption of perfectly competitive markets for fossil fuels. In this paper, we allow for monopolistic fossil fuel supply. We show that, if fossil and renewable energy sources are perfect substitutes, a phase will exist during which the...
Persistent link: https://www.econbiz.de/10011556203
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Single-till versus dual-till regulation of airports
Czerny, Achim Ingo; Zhang, Anmin - 2015
Most airports operate under public ownership, while some are privatized and economically regulated. Only a few airports are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports nowadays earn as much revenue from transport-related...
Persistent link: https://www.econbiz.de/10010510068
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The welfare effects of discrimination in insurance
Noll, Rob van der - 2005
side. We use the model to investigate the welfare effects of discrimination (also known as risk selection). We postulate … find that aggregate surplus decreases when risk aversion is high. When risk aversion is low however, discrimination …
Persistent link: https://www.econbiz.de/10011348719
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Platform intermediation in a market for differentiated products
Galeotti, Andrea; Moraga-González, José Luis - 2008
Persistent link: https://www.econbiz.de/10003690010