Showing 51 - 60 of 132,082
This paper studies how competition and vertical structure jointly determine generating capacities, retail prices, and welfare in the electricity industry. Analyzing a model in which demand is uncertain and retailers must commit to retail prices before they buy electricity in the wholesale...
Persistent link: https://www.econbiz.de/10012142389
The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the … calculated solving a two-stage policy game between the regulator and the monopoly with the regulator acting as the leader of the … output but does not affect the total output. On the other hand, the subsidy leads to the monopoly to reduce the dirty output …
Persistent link: https://www.econbiz.de/10012146433
. -- dominant firm ; monopoly with fringe ; sequential moves …
Persistent link: https://www.econbiz.de/10008664501
that the monopoly platform does not introduce distortions over and above those arising from the market power of the …
Persistent link: https://www.econbiz.de/10011374421
likely to occur when this distribution is rather flat. In particular, monopoly production results in the oversupply of …
Persistent link: https://www.econbiz.de/10011378950
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
monopoly, analysing questions of introductory pricing and quantity rationing. The model suggests that neither of these two … instruments is able to explain why we see so much free software in the markets. -- software monopoly ; lagged network externality …
Persistent link: https://www.econbiz.de/10009725487
by Dr. Carolyn Gideon, to stress the immanent threat of network markets turning into a monopoly. This theses ends in …
Persistent link: https://www.econbiz.de/10010245059
We analyze a model of monopolistic price discrimination where only some consumers are originally sufficiently informed about their preferences, e.g., about their future demand for a utility such as electricity or telecommunication. When more consumers become informed, we show that this benefits...
Persistent link: https://www.econbiz.de/10011489927
the intensity of network effects, and that a discriminating monopoly may supply large quantities for all consumers than a …
Persistent link: https://www.econbiz.de/10011560594