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or decrease aggregate output, social welfare, and consumer surplus in differentiated oligopoly when all discriminatory …
Persistent link: https://www.econbiz.de/10012854001
We analyze oligopolistic third-degree price discrimination relative to uniform pricing, when markets are always covered. Pricing equilibria are critically determined by supply-side features such as the number of firms and their marginal cost differences. It follows that each firm's Lerner index...
Persistent link: https://www.econbiz.de/10012208315
This paper examines the output effect of third-degree price discrimination in symmetrically differentiated oligopoly …
Persistent link: https://www.econbiz.de/10013241795
We analyze oligopolistic third-degree price discrimination relative to uniform pricing when markets are always covered. Pricing equilibria are critically determined by supply-side features such as the number of firms and their marginal cost differences. It follows that each firm's Lerner index...
Persistent link: https://www.econbiz.de/10012390927
We analyze oligopolistic third-degree price discrimination relative to uniform pricing when markets are always covered. Pricing equilibria are critically determined by supply-side features such as the number of firms and their marginal cost differences. It follows that each firm's Lerner index...
Persistent link: https://www.econbiz.de/10013326514
In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to Bertrand competition if the upstream firm subsidises...
Persistent link: https://www.econbiz.de/10011569602
We investigate the welfare effects of third-degree price discrimination by a two-sided platform that enables interaction between buyers and sellers. Sellers are heterogenous with respect to their per-interaction benefit, and, under price discrimination, the platform can condition its fee on...
Persistent link: https://www.econbiz.de/10014334054
This paper analyzes price discrimination of an upstream cartel in the presence of a dominant firm at the retail level. Charging different wholesale prices creates a bond between the upstream cartel and the favored downstream firm. This bond reduces or eliminates this firm's incentives to accept...
Persistent link: https://www.econbiz.de/10012845583
This paper extends the traditional analysis of the output effect under monopoly (third-degree) price discrimination to … a multimarket oligopoly. The author shows that under oligopoly price discrimination, differences in competitive pressure …
Persistent link: https://www.econbiz.de/10012102737
This paper extends the traditional analysis of the output effect under monopoly (third- degree) price discrimination to … a multimarket oligopoly. The author shows that under oligopoly price discrimination, differences in competitive pressure …
Persistent link: https://www.econbiz.de/10012139178