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addition, the paper finds that it is feasible in the monopoly optimum that the bundle for low-demand agents is more expensive …
Persistent link: https://www.econbiz.de/10010487752
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
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/10011295710
Economy is among us everywhere. Monopoly is one of the key elements of it. The aim of this article is to highlight and … describe the advantages and disadvantages that a monopoly situation has. The most interesting part of the article refers to the … advantages of the monopoly, things that many people don't imagine and know about …
Persistent link: https://www.econbiz.de/10013128416
monopoly problem when the price imperfectly signals quality to the uninformed buyers. We then study the effect of noise on …
Persistent link: https://www.econbiz.de/10013093809
monopoly problem when the price imperfectly signals quality to the uninformed buyers. We then study the effect of noise on …
Persistent link: https://www.econbiz.de/10013071968
monopoly entrusts pricing decisions to a manager who enjoys monetary rewards but dislikes production effort. We show that cheap …
Persistent link: https://www.econbiz.de/10012721849
We examine an infinite horizon model of quality growth in a durable goods monopoly market. The monopolist generates new …
Persistent link: https://www.econbiz.de/10012723743
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
I provide a simple proof that a monopsony must necessarily be a monopoly. This is in contrast to authors who have … previously asserted that either no relation exists between monopsony and monopoly, or who have relied upon additional assumptions …
Persistent link: https://www.econbiz.de/10012955779