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Este documento analiza a la luz de una situación monopólica, el efecto sobre el bienestar de los consumidores derivado de cambios en la magnitud de la elasticidad precio de la demanda. En el artículo se asume una función de demanda con elasticidad precio de la demanda constante y...
Persistent link: https://www.econbiz.de/10011114048
This paper presents simple conditions for monopoly third-degree price discrimination to have negative or positive …
Persistent link: https://www.econbiz.de/10008471792
market, monopoly pricing is well defined - as well as tests for predatory behavior; not so with multisided markets. Since the … markets for their potential for determining consumers' harm and welfare effects, as well as defining monopoly and predatory …
Persistent link: https://www.econbiz.de/10012151937
scheme for CBA to support him. The reverse of the CBA logic offers significant measure of deadweight loss due to monopoly …
Persistent link: https://www.econbiz.de/10012982951
It is well known that existence of monopoly is accompanied by economic inefficiency in the form of dead weight loss and … reduced consumer surplus. The consumer surplus that exists in case of perfect competition gets reduced in case of monopoly; as … a part of it goes to the monopolist in the form of monopoly profit, a part of it is lost in the form of deadweight loss …
Persistent link: https://www.econbiz.de/10013064091
The interpretation of the loss of utility as transport costs in address models of differentiation poses a methodological difficulty. Transport costs implicitly amounts to assume that there is a good neither included in the differentiated sector nor in the composite (numeraire) good of the...
Persistent link: https://www.econbiz.de/10010851474
monopoly because each duopolist has a smaller market size than the monopolist. But social welfare in the monopoly is lower than …
Persistent link: https://www.econbiz.de/10008867255
The paper studies the impact of homophily on the optimal strategies of a monopolist, whose marketing campaign of new product relies on a word of mouth communication. Homophily is a tendency of people to interact more with those who are similar to them. In the model there are two types of...
Persistent link: https://www.econbiz.de/10008674339
This article analyzes how a property tax affects a lease-sale strategy of a durable-goods monopolist, and discusses its implications on social welfare. This paper presents some interesting results: (i) Contrary to the traditional view, social welfare can be enhanced by a tax when the time...
Persistent link: https://www.econbiz.de/10010729769
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