Anticompetitive pricing practices have received a significant amount of attention during the past several years but the criminal provisions of the Competition Act addressing predatory pricing, price discrimination and price maintenance (the "Pricing Provisions") are seldom the subject of...

We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise-linear budget constraints imposed by increasing-block pricing. We develop a mathematical expression for the unconditional price elasticity of demand under increasing-block prices and...

Using data from the United States and Canada, we quantify consumers’ net pecuniary cost of using cash, credit cards, and debit cards for purchases across income cohorts. The net cost includes fees paid to financial institutions, rewards received from credit or debit card issuers, and the...

Anticompetitive pricing practices have received a significant amount of attention during the past several years but the criminal provisions of the Competition Act addressing predatory pricing, price discrimination and price maintenance (the "Pricing Provisions") are seldom the subject of...

This paper examines the optimal specific tax/subsidy policy for a monopoly under multi-tier pricing. It shows, among others, that an increase in a specific tax on any tier will raise (reduce) the cumulative output of preceding (succeeding) tiers in the non-uniform scheme. In contrast, increasing...