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Emission Taxes, Feed-in Subsidies and the Investment in a Clean Technology by a Polluting Monopoly

García-Alaminos, Ángela; Rubio, Santiago J. - 2019

The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the … calculated solving a two-stage policy game between the regulator and the monopoly with the regulator acting as the leader of the … output but does not affect the total output. On the other hand, the subsidy leads to the monopoly to reduce the dirty output …

Persistent link: https://www.econbiz.de/10012146433

Monopoly quality degradation in cable television

Crawford, Gregory S.; Shum, Matthew - 2003

Using an empirical framework derived from models of nonlinear pricing, we estimate the degree of quality degradation in cable television markets. We find lower bounds on quality degradation ranging from 11% to 45% of observed service qualities. Furthermore, cable operators in markets with local...

Persistent link: https://www.econbiz.de/10010293438

Nonlinear pricing with self-control preferences

Esteban, Susanna; Miyagawa, Eiichi; Shum, Matthew - 2003

This paper studies optimal nonlinear pricing for a monopolist when consumers' preferences exhibit temptation and self-control as in Gul and Pesendorfer (2001a). Consumers are subject to temptation inside the store but exercise self-control, and those foreseeing large self-control costs do not...

Persistent link: https://www.econbiz.de/10010293447

Pay-What-You-Want in Competition

Samahita, Margaret - 2015

Pay-What-You-Want (PWYW) pricing schemes are popular in certain industries and not others. We model the seller's choice of pricing scheme under various market structures assuming consumers share their surplus. We show that the profitability and popularity of PWYW depend not only on consumers'...

Persistent link: https://www.econbiz.de/10013208736

Natural or unnatural monopolies in UK telecommunications?

Correa, Lisa - 2003

This paper analyses whether scale economies exists in the UK telecommunications industry. The approach employed differs from other UK studies in that panel data for a range of companies is used. This increases the number of observations and thus allows potentially for more robust tests for...

Persistent link: https://www.econbiz.de/10010284108

Joint procurement by heterogeneous buyers

Helmrath, Isabel; Hunold, Matthias; Muthers, Johannes - 2022

We analyze self- and joint procurement of countries with heterogeneous demand for a good offered by a price discriminating monopolist. We find that not only countries with low but also with high demand can benefit from committing to jointly procure equal quantities at a uniform price, even if...

Persistent link: https://www.econbiz.de/10014374407

All-pay auctions with budget constraints and fair insurance.

Dulleck, Uwe; Frijters, Paul; Podczeck, Konrad - 2006

We study all-pay auctions with budget-constrained bidders who have access to fair insurance before bidding simultaneously over a prize. We characterize a unique equilibrium for the special cases of two bidders and one prize, show existence and a heuristic for finding an equilibrium in the case...

Persistent link: https://www.econbiz.de/10010294585

Nonlinear Pricing and the Utility Possibility Set

Andersson, Tommy - 2005

We consider nonlinear pricing policies that are designed by a social welfare maximizer who operates under a non-negative profit requirement. In our two-type economy, we characterize the set of all feasible nonlinear pricing policies and the frontier of the utility possibility set. Our results...

Persistent link: https://www.econbiz.de/10013208477

Modeling monopoly money: Government as the source of the price level and unemployment

Levey, Sam - 2021

Many of the claims put forth by Modern Monetary Theory (MMT) center around the state's monopoly over its own currency … building a model of "monopoly money" capable of producing these two outcomes. …

Persistent link: https://www.econbiz.de/10012818356

Contest success functions: The common-pool perspective

Ewerhart, Christian - 2015

The axiomatic route to the foundation of contest success functions (CSF) has proved to be both useful and prolific. The standard approach in the literature is based on the decision-theoretic notion that choice probabilities should be independent of irrelevant alternatives (Skaperdas, Economic...

Persistent link: https://www.econbiz.de/10011282529

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