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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/10012102737
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
that the monopoly platform does not introduce distortions over and above those arising from the market power of the …
Persistent link: https://www.econbiz.de/10012772229
that the monopoly platform does not introduce distortions over and above those arising from the market power of the …
Persistent link: https://www.econbiz.de/10014219994
that the monopoly platform does not introduce distortions over and above those arising from the market power of the …
Persistent link: https://www.econbiz.de/10011374421
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
the monopoly and from the welfare points of view. It is shown that in the two-type consumer case when the monopoly is …
Persistent link: https://www.econbiz.de/10014058904
Conventional deadweight loss measures of the social cost of monopoly ignore, among other things, the social cost of … method of measuring the social cost of monopoly. Using elements of general equilibrium theory, we propose a social cost … of our approach for antitrust law as well as how our methodology can be used in practice for allegations of monopoly …
Persistent link: https://www.econbiz.de/10014062997
The paper analyzes the price, output and welfare effects of third-degree price discrimination triggered by the … risky market may be charged the lower price and despite linear demands, aggregate expected output may fall but expected …
Persistent link: https://www.econbiz.de/10014072262
discusses the effects of price discrimination on monopoly profit, consumer surplus, and social welfare. In addition, using a …-discriminating monopoly, corresponding to its aggregated marginal revenue curve, is derived. The curve is non-linear and lies above the … aggregated demand curve of simple monopoly. The results of this paper may be used to explain to students the effects of third …
Persistent link: https://www.econbiz.de/10014089315