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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
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/10011342105
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
This paper studies the price-setting problem of a monopoly that in each time period has the option of failing to … deliver its good after receiving payment. The monopoly may be induced to deliver the good if consumers expect that the … monopoly will not deliver in the future if it does not deliver today. If the good is non-durable and consumers are anonymous …
Persistent link: https://www.econbiz.de/10011695228
cases, Cournot equilibrium output is below equilibrium output without this constraint because the constraint makes demand …
Persistent link: https://www.econbiz.de/10013459931
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Persistent link: https://www.econbiz.de/10012167263
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Persistent link: https://www.econbiz.de/10009699669