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This paper extends the traditional analysis of the output effect under monopoly (third- degree) price discrimination to … effect on total output. …
Persistent link: https://www.econbiz.de/10012139178
This paper extends the traditional analysis of the output effect under monopoly (third-degree) price discrimination to … effect on total output. …
Persistent link: https://www.econbiz.de/10012102737
Pricing of Internet access has been characterized by two properties: Parties are directly billed only by the Internet service provider (ISP) through which they connect to the Internet. Pricing, moreover, is not contingent on the type of content being transmitted. These properties define a regime...
Persistent link: https://www.econbiz.de/10014188272
result that there is only one monopoly profit and thus there is no gain from bundling. This folk theorem relies on some … consumption levels, then it is generally the case that a firm can extend a monopoly from A into a competitive B market. While it … firm offers to scale back its monopoly price in return for getting a price premium in a second market. The reduction in …
Persistent link: https://www.econbiz.de/10014028966
This paper studies the relationship between horizontal product differentiation and the welfare effects of third-degree price discrimination in oligopoly. By deriving linear demand from a representative consumer's utility and focusing on the symmetric equilibrium of a pricing game, we...
Persistent link: https://www.econbiz.de/10010332412
We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a model with two firms that may be able to discriminate between two consumer groups. Two cases are analyzed: (i) Best-response symmetries so that profits in the static Nash...
Persistent link: https://www.econbiz.de/10011434582
We analyze firms' ability to sustain collusion in a setting in which horizontally differentiated firms can price-discriminate based on private information regarding consumers' preferences. In particular, firms receive private signals which can be noisy (e.g., big data predictions). We find that...
Persistent link: https://www.econbiz.de/10011892956
We analyze oligopolistic third-degree price discrimination relative to uniform pricing when markets are always covered. Pricing equilibria are critically determined by supply-side features such as the number of firms and their marginal cost differences. It follows that each firm's Lerner index...
Persistent link: https://www.econbiz.de/10012390927
We analyze oligopolistic third-degree price discrimination relative to uniform pricing, when markets are always covered. Pricing equilibria are critically determined by supply-side features such as the number of firms and their marginal cost differences. It follows that each firm's Lerner index...
Persistent link: https://www.econbiz.de/10012208315
We analyze oligopolistic third-degree price discrimination relative to uniform pricing when markets are always covered. Pricing equilibria are critically determined by supply-side features such as the number of firms and their marginal cost differences. It follows that each firm's Lerner index...
Persistent link: https://www.econbiz.de/10013326514