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We compare second-degree price discrimination with uniform pricing using two linear demands. Our comparison shows that second-degree price discrimination can result in a welfare-enhancing market foreclosure (both markets are served under uniform pricing but one of them is excluded under...
Persistent link: https://www.econbiz.de/10012897081
In economics, market failure is a situation in which the allocation of goods and services is not efficient. Monopoly … identify the factors affecting market failure in the dietary market in Pune; also, measurement of the existence of monopoly …
Persistent link: https://www.econbiz.de/10012918681
relative to A. Hence, absent strong antitrust or intellectual property protections, the A firm can leverage its monopoly into B … substitute for Netscape; in our model, this maximizes Microsoft's joint monopoly profits. Furthermore, Microsoft has no incentive … complementary products, which suggests that a monopoly internet service provider will offer net neutrality.There are other means for …
Persistent link: https://www.econbiz.de/10012732764
When a consumer can appear on both sides of a two-sided market, such as a user who both buys and sells on eBay, the platform may want to bundle the services it provides to two sides. I develop a general model for such "mixed" two-sided markets, and show that a monopolist platform's incentive to...
Persistent link: https://www.econbiz.de/10012933628
We study the multiproduct monopoly profit maximisation problem for a seller who can commit to a dynamic pricing …
Persistent link: https://www.econbiz.de/10012936871
In this article we study patterns of vertical product differentiation in a multi-product monopoly using a random …
Persistent link: https://www.econbiz.de/10014171780
We investigate the welfare effects of third-degree price discrimination by a two-sided platform that enables interaction between buyers and sellers. Sellers are heterogenous with respect to their per-interaction benefit, and, under price discrimination, the platform can condition its fee on...
Persistent link: https://www.econbiz.de/10014343799
entry barriers of the search engine market. The Essay next discusses behavioral exploitation to maintain a monopoly. The …
Persistent link: https://www.econbiz.de/10014175581
Textbooks present the three 'degrees' of price discrimination as a sequence of independent pricing methods. These textbook treatments consequently provide inadequate insight as to when a firm might adopt a particular pricing strategy. The paper describes an information-based taxonomy of price...
Persistent link: https://www.econbiz.de/10014215828
This paper analyses whether scale economies exists in the UK telecommunications industry. The approach employed differs from other UK studies in that panel data for a range of companies is used. This increases the number of observations and thus allows potentially for more robust tests for...
Persistent link: https://www.econbiz.de/10014075200