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This paper examines pricing policy, quality levels, consumer surplus and social welfare for the monopoly and non-monopoly … case. It is shown that given certain realistic assumptions, the network industry under unregulated monopoly would yield …
Persistent link: https://www.econbiz.de/10005471675
Persistent link: https://www.econbiz.de/10005474630
The paper focuses on efficiency under monopoly. Contrary to common wisdom, nine examples given in the paper show that a … Pareto-efficient output in monopoly is possible under both linear and nonlinear pricing. Pareto efficiency can be achieved … conditions; different pricing strategies; and different degree of consumer heterogeneity, in general, monopoly per se is not the …
Persistent link: https://www.econbiz.de/10005119376
, increasing returns, and network effects. We evaluate whether these concepts can explain the nature of Microsoft's monopoly market …
Persistent link: https://www.econbiz.de/10005434975
We examine the economic implications of pure bundling under the settings of monopoly and duopoly. We show that under … monopoly and pure bundling of goods with independent demands, the bundled price is strictly less than the sum of the unbundled …
Persistent link: https://www.econbiz.de/10005437903
We discuss the incentive of an exclusive holder of a technology to share it with competitors in a market with network externalities. We assume that high expected sales increase the willingness to pay for the good. This is named the "network effect". At a stable fulfilled expectations...
Persistent link: https://www.econbiz.de/10005561463
While exclusive dealing can be efficient, the Chicago School has also argued that it cannot be anticompetitive, or that it seldom is. That argument takes two forms; both are weak. First, a pricetheory argument (“the Chicago Three-Party Argument”) depends crucially on a special model of...
Persistent link: https://www.econbiz.de/10005561466
The Commission was asked to review the National Third Party Access Regime for Natural Gas Pipelines. The review sought to assess the benefits and costs of the Regime, including its effects on investment. The Commission’s preliminary findings were released for public comment in December 2003...
Persistent link: https://www.econbiz.de/10005561783
Исследуется механизм влияния антимонопольного регулирования на состояние предпринимательства. Рассмотрены антиконкурентные действия органов власти и...
Persistent link: https://www.econbiz.de/10011239612
China's domestic-oriented service and agricultural sectors. This paper focuses on (1) the evidence of monopoly rights and …
Persistent link: https://www.econbiz.de/10011242303