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Economic Integration, Quality Choice, and Monopoly
Toshimitsu, Tsuyoshi - School of Economics, Kwansei Gakuin University - 2014
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
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The welfare effects of third-degree price discrimination with non-linear demand functions
Cowan, Simon - Department of Economics, Oxford University - 2007
The welfare effects of third-degree price discrimination are analyzed when demand in one market is an additively … shifted version of demand in the other market and both markets are served with uniform pricing. Social welfare is lower with … discrimination if the slope of demand is log-concave or the convexity of demand is non-decreasing in the price. The demand functions …
Persistent link: https://www.econbiz.de/10005047897
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The welfare effects of third-degree price discrimination
Cowan, Simon GB; Cowan, Simon - Department of Economics, Oxford University - 2004
The welfare effects of third-degree price discrimination are known to be negative when demand functions are linear … class of demand functions. Demand varies across markets with additive and multiplicative shift factors. Total welfare … consumer valuations satisfies a weak version of concavity that encompasses logconcavity. Most standard demand functions …
Persistent link: https://www.econbiz.de/10010604921
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Selling to Consumers with Endogenous Types
Boone, Jan; Shapiro, Joel - C.E.P.R. Discussion Papers - 2006
For many goods (such as experience goods or addictive goods), consumers' preferences may change over time. In this paper, we examine a monopolist's optimal pricing schedule when current consumption can affect a consumer's valuation in the future and valuations are unobservable. We assume that...
Persistent link: https://www.econbiz.de/10005497874
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On the economics of the "meeting competition defense" under the Robinson-Patman Act
Aguirre Pérez, Iñaki - Departamento de Fundamentos del Análisis Económico I, … - 2015
Persistent link: https://www.econbiz.de/10011266134
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The Strategic Use of Download Limits by a Monopoly Platform
Economides, Nicholas; Hermalin, Benjamin - NET Institute - 2013
We consider a heretofore unexplored explanation for why platforms, such as Internet service providers, might impose download limits on content consumers: doing so increases the degree to which those consumers view content providers’ products as substitutes. This, in turn, intensifies the...
Persistent link: https://www.econbiz.de/10010905461
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The monopolist is not the best environmentalist’s best friend: An example
Mahenc, Philippe; Podesta, Marion - In: Economics Letters 115 (2012) 3, pp. 379-382
This letter addresses the second-degree price discrimination issue when a monopolized product is tied with environmental quality. The monopolist may degrade environmental quality too much when marginal valuations of environmental quality and the good itself are positively related across consumers.
Persistent link: https://www.econbiz.de/10010576431
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Informing Consumers about their own Preferences
Peitz, Martin; Inderst, Roman - Abteilung für Volkswirtschaftslehre, Universität Mannheim - 2012
about their preferences, e.g., about their future demand for a utility such as electricity or telecommunication. When more …
Persistent link: https://www.econbiz.de/10010833235
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PRICE DISCRIMINATION AND PRIVACY: A NOTE
JOSHI, SUMIT; SUN, YU-AN; VORA, POORVI L. - In: International Game Theory Review (IGTR) 13 (2011) 01, pp. 83-92
In many instances of price discrimination, a seller of an item is in possession of signals from competing buyers regarding their private valuation for the item. If the seller uses this information to price discriminate against the buyer, buyers would correspondingly modify their signalling...
Persistent link: https://www.econbiz.de/10009366451
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Store Design with Self-Control Preferences
Esteban, Susanna - Society for Economic Dynamics - SED - 2004
provide a demand driven explanation for the co-existence and design of multi-product and specialized stores …
Persistent link: https://www.econbiz.de/10005085470