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We introduce in this paper the quot;incompletequot; third-degree price discrimination, which is the situation in which a monopolist must charge at most k different prices while the total market is composed of n (local) markets, with ngt;k. We thus study the optimal partition problem of the n...
Persistent link: https://www.econbiz.de/10012765069
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/10012772229
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/10012866610
This paper considers dynamic pricing strategies in a durable good monopoly model with uncertain commitment power to set …
Persistent link: https://www.econbiz.de/10012872178
encourage buyers to bargain. The posted price not only exceeds the monopoly price, it can be higher than the price a seller …
Persistent link: https://www.econbiz.de/10013052738
We consider a heretofore unexplored explanation for why platforms, such as Internet service providers, might impose download limits on content consumers: doing so increases the degree to which those consumers view content providers products as substitutes. This, in turn, intensifies competition...
Persistent link: https://www.econbiz.de/10013056149
Ludwig von Mises and Murray Rothbard tended to emphasize the same requirement for a monopoly price to emerge, as far as … regard to the question of the limits to monopoly pricing. The inelasticity of demand criterion of both authors left less room … for monopoly prices in their theoretical constructs of a hampered market economy than there really is. If one wants to …
Persistent link: https://www.econbiz.de/10013018419
We consider second-degree price discrimination for two types of consumers. When the net-of-cost valuation functions cross at least once at some positive quantity, it is always optimal to serve both types of consumers. Moreover, the type with the higher valuation peak always gets the socially...
Persistent link: https://www.econbiz.de/10013022346
We study optimal experimentation by a monopolistic platform in a two-sided market. The platform provider is uncertain about the strength of the externality each side is exerting on the other. Setting participation fees on both sides, it gradually learns about these externalities by observing...
Persistent link: https://www.econbiz.de/10013022496
We consider a heretofore unexplored explanation for why platforms, such as Internet service providers and mobile-phone networks, offer plans with download limits: through one of two mechanisms, doing so causes the providers of the content consumer purchase to either reduce their prices or...
Persistent link: https://www.econbiz.de/10013026975