This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality … passengers exhibit a higher time valuation, and a less price-elastic demand, than leisure passengers. Our main result is the …

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

likely to occur when this distribution is rather flat. In particular, monopoly production results in the oversupply of …

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. …

a major share in total revenue, monopoly regulation typically concentrates on the control of core-good prices (“core …-dollar increase in the daily car rental price reduces passenger demand at 199 US airports by more than 0.36 percent. A major …

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 …

a number of market organizations: private monopoly, perfect competition and public supply. Increasing the share of robot …