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Platform intermediation in a market for differentiated products
Galeotti, Andrea; Moraga-González, José Luis - 2008 - Rev.: February 2008
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/10011374421
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A monopolist in public transport : undersupply or oversupply?
Karamychev, Vladimir A.; Reeven, Peran A. van - 2009 - This version: July 2009
likely to occur when this distribution is rather flat. In particular, monopoly production results in the oversupply of …
Persistent link: https://www.econbiz.de/10011378950
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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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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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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 …
Persistent link: https://www.econbiz.de/10010421801
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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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From mind to market : a global, dynamic analysis of R&D
Hinloopen, Jeroen; Smrkolj, Grega; Wagener, Florian … - 2011
Persistent link: https://www.econbiz.de/10010191085
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Welfare effects of road pricing and traffic information under alternative ownership regimes
Gubins, Sergejs; Verhoef, Erik T.; Graaff, Thomas de - 2010
This paper models strategic interactions between a product supplier, a provider of information about product quality, and end users, in the context of road transportation. Using a game-theoretical analysis of suppliers' pricing strategies, we assess the social welfare effects of traffic...
Persistent link: https://www.econbiz.de/10011381856
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Robot cars and dynamic bottleneck congestion : the effects on capacity, value of time and preference heterogeneity
Berg, Vincent A. C. van den; Verhoef, Erik T. - 2015 - This version: 9 June 2015
a number of market organizations: private monopoly, perfect competition and public supply. Increasing the share of robot …
Persistent link: https://www.econbiz.de/10010532595
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Fixed costs matter
Kamphorst, Jurjen; Mendys-Kamphorst, Ewa; Westbrock, Bastian - 2018
According to standard economic wisdom, fixed costs should not matter for pricing decisions. However, outside economics, it is widely accepted that firms need to increase their prices after a fixed cost rise. In this note, we show that a liquidity-constrained firm that maximizes lifetime profits...
Persistent link: https://www.econbiz.de/10011936060