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We discuss the case of a monopolist of a base good in the presence of complementary goods provided either by it or by other firms. We assess and calibrate the extent of the influence on the profits from the base good that is created by the existence of complementary goods, i.e., the extent of...
Persistent link: https://www.econbiz.de/10005412872
monopoly outcome. Within the framework of the "passive regulator" that this logic entails, public regulation cannot alter the … monopoly outcome, but can only change the form in which the monopoly rent is captured. The authors also explain why it is …
Persistent link: https://www.econbiz.de/10005417346
The present paper provides a descriptive analysis of the second-degree price discrimination problem on a monopolistic two-sided market. By imposing a simple two-sided framework with two distinct types of agents on one of its market sides, it will be shown that under incomplete information, the...
Persistent link: https://www.econbiz.de/10011260128
We study the issue of integrating real and financial decisions in a monopoly firm with risk-averse decision-makers. To …
Persistent link: https://www.econbiz.de/10011263110
We analyze the optimal location choice of a monopolistic firm that operates two platforms on a two-sided market. We show that the optimal platform locations are equivalent to the one-sided benchmark if both sides are either restricted to single- or multi-homing. In the mixed case (one side...
Persistent link: https://www.econbiz.de/10011113925
strategy of leasing and selling can be a unique solution, and a property tax encourages the monopolist to choose to sell even …
Persistent link: https://www.econbiz.de/10010729769
monopoly problem when the price imperfectly signals quality to the uninformed buyers. We then study the effect of noise on …
Persistent link: https://www.econbiz.de/10010729770
ResumenSe ha considerado el comportamiento del sector eléctrico como un factor de gran trascendencia en desenvolvimiento de la economía de un país. Sin embargo, es notable el desconocimiento de algunas personas no especialistas es esta temática, de los conceptos básicos y de la...
Persistent link: https://www.econbiz.de/10010763219
Applying a standard model of endogenous quality choice to the case of multiple national markets (i.e., a developed and a less developed country), we consider the effect of an economic integration (i.e., a movement from segmented markets into a single integrated market through the removal of...
Persistent link: https://www.econbiz.de/10010902091
the optimal path for price and advertisement depends on the price elasticity of demand and the duration of monopoly life …
Persistent link: https://www.econbiz.de/10010791403