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local mar- ket performance under monopoly vs. oligopoly. If consumers choose once where to buy, we show that under all forms … on prices is much less clear. While increased global competition yields a price reduction under monopoly, prices may …
Persistent link: https://www.econbiz.de/10005106781
Sufficient conditions are developed for third-degree price discrimination by a monopolist serving all markets to reduce and raise social welfare.  Welfare falls if the demand function in the market whose price is higher with discrimination is at least as convex as that in the other market (at...
Persistent link: https://www.econbiz.de/10005047843
The welfare effects of third-degree price discrimination are analyzed when demand in one market is an additively shifted version of demand in the other market and both markets are served with uniform pricing. Social welfare is lower with discrimination if the slope of demand is log-concave or...
Persistent link: https://www.econbiz.de/10005047897
This paper uses convexity arguments to determine the effects of monopolistic third-degree price discrimination on total output and welfare. We focus on benchmark cases, including constant demand elasticities, with constant curvature of inverse demand σ. We show how the effects of price...
Persistent link: https://www.econbiz.de/10005047958
The effects of demand shifts on output, price and profits in imperfectly competitive industries with no entry or exit are derived. Four types of demand shift are modelled: additive and multiplicative shifts of the demand and inverse demand functions. Necessary and sufficient conditions for...
Persistent link: https://www.econbiz.de/10005051163
telecommunications: a monopoly of the local telecommunications network, as well as a monopoly in retail local telecommunications services … competitors. Thus, Verizon used its monopoly of the network infrastructure to disadvantage entrants in retail. In doing so … makes sense only insofar as it helps the defendant maintain or obtain monopoly power.” …
Persistent link: https://www.econbiz.de/10005184812
We discuss the case of a monopolist of a base good in the presence of complementary goods provided either by it or by other firms. We assess and calibrate the extent of the influence on the profits from the base good that is created by the existence of complementary goods, i.e., the extent of...
Persistent link: https://www.econbiz.de/10005412872
side” of the market) increases total industry surplus compared to the fully private optimum at which the monopoly platform …
Persistent link: https://www.econbiz.de/10005585461
Since 1979, when the first antidumping case against China was initiated by the European Union, the EU has lodged nearly 90 antidumping proceedings against China by the end of 2000. China by now, has become the country most accused of dumping by the EU. Most of the antidumping suits have led to...
Persistent link: https://www.econbiz.de/10005590802
side" of the market) increases total industry surplus compared to the fully private optimum at which the monopoly platform …
Persistent link: https://www.econbiz.de/10005645362