Showing 1 - 10 of 6,132
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/10012144266
begins by characterizing the optimal regulation of a monopoly supplier that is better informed than the regulator about its …. Yardstick regulation, procedures for awarding monopoly franchises, and optimal industry structuring are analyzed. The chapter …
Persistent link: https://www.econbiz.de/10014024589
increases the total surplus compared to the fully private optimum at which the monopoly platform imposes positive fees on …
Persistent link: https://www.econbiz.de/10011056742
curve of the pricediscriminating monopoly, corresponding to its aggregated marginal revenue curve. The curve is non …-linear and lies above the aggregated demand curve of simple monopoly. The results may be used to explain to students the effects …
Persistent link: https://www.econbiz.de/10005464468
This paper shows in a vertical product differentiation model with variable costs of quality that monopolistic third-degree price discrimination always reduces welfare regardless of whether the quality is fixed or is endogenous. The results provide rich implications for antitrust policy.
Persistent link: https://www.econbiz.de/10011076548
We consider the optimal market segmentation problem of a monopolist that faces a continuum of customers when it is costly to prevent resale (or parallel trade) among groups. In our framework, the monopolist chooses the number k≥1 of market segments, but also their design and the discriminatory...
Persistent link: https://www.econbiz.de/10011051645
Roy (Safety First and the Holding of Assets, 1952) argues that decisions under uncertainty motivate firms to avoid bankruptcy. In this paper, the authors ask about the behaviour of a monopolist who pre-commits to price when she has only probabilistic knowledge about demand. They argue that...
Persistent link: https://www.econbiz.de/10011341119
The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the … that the efficient solution can be implemented combining a tax on emissions and a subsidy on clean output. The tax is lower … the regulator and the monopoly with the regulator acting as the leader of the game. We find that the second-best tax rate …
Persistent link: https://www.econbiz.de/10014496051
This paper investigates the influence of monetary policy on the optimal behavior of a monopolistic bank. More specifically, we discuss how the overdraft rate and the minimum reserve requirements affect the equilibrium values of lending rate and deposit rate as well as the corresponding...
Persistent link: https://www.econbiz.de/10009782807
The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the … that the efficient solution can be implemented combining a tax on emissions and a subsidy on clean output. The tax is lower … the regulator and the monopoly with the regulator acting as the leader of the game. We find that the second-best tax rate …
Persistent link: https://www.econbiz.de/10012589030