Showing 1 - 10 of 188
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
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
fees for the service provider that always exceed the monopoly level. Although losses in welfare may be substantial, a …
Persistent link: https://www.econbiz.de/10012212594
fees for the service provider that always exceed the monopoly level. Although losses in welfare may be substantial, a …
Persistent link: https://www.econbiz.de/10012244617
consumers, turns out to be highly asymmetric, entailing fees for the service provider that persistently exceed the monopoly …
Persistent link: https://www.econbiz.de/10013531821
exceed the monopoly level. Although losses in welfare may be substantial, a regulatory solution is unlikely to come about due …
Persistent link: https://www.econbiz.de/10014333775
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
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 (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
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