Showing 1 - 10 of 2,394
This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality …
Persistent link: https://www.econbiz.de/10010421801
Persistent link: https://www.econbiz.de/10009724348
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
neither. We show that two types of signalling equilibria are possible. Both are characterised by dispersion and Pareto …
Persistent link: https://www.econbiz.de/10011376636
close to full information monopoly level) while others are more “competitive”. Under certain conditions, if the number of …
Persistent link: https://www.econbiz.de/10011372971
Persistent link: https://www.econbiz.de/10003609432
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
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
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
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