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Incomplete Third-Degree Price Discrimination, and Market Partition Problem

Braouezec, Yann - 2009

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

Cause of Under-Supply of Variety by Monopolist and Social Cost of It : High Cost or Low Demand?

Istomin, Roman - 2017

We show that a manager who has to pick a variety at a store without being able to choose the price of products on the horizontally differentiated market with positive fixed costs of offering each product will always under-provide variety. Using the information on sales and availability of vodka...

Persistent link: https://www.econbiz.de/10012961219

Analytical Study of Journal Market Behaviour Vis-a-Vis Invention/Innovation Under Periodical Monopolistic Competitive Conditions : Appraisal of A.P. Lerner Index of Monopoly Power...

Swamy, M. R. K. - 2013

relation of monopoly and competition to invention/innovation and knowledge management under conditions of periodical …

Persistent link: https://www.econbiz.de/10013076764

Asymmetric Information and Differentiated Durable Goods Monopoly : Intra-Period Versus Intertemporal Price Discrimination

Laussel, Didier; Long, Ngo Van; Resende, Joana - 2022

A durable good monopolist faces a continuum of heterogeneous customers who make purchase decisions by comparing present and expected price-quality offers. The monopolist designs a sequence of price-quality menus to segment the market. We consider the Markov Perfect Equilibrium (MPE) of a game...

Persistent link: https://www.econbiz.de/10013297199

Endogenous market structure and Partisan competition authorities

Goerke, Laszlo - 2022

likely are entry restrictions, whereas a greater relevance of firms makes a monopoly more probable. The nature of entry …

Persistent link: https://www.econbiz.de/10013257050

A Note on the Limits to Monopoly Pricing

Méra, Xavier - 2015

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

Buying Frenzies in Durable-Goods Markets

Liu, Ting - 2018

We explain why a durable-goods monopolist would like to create a shortage in the marketplace.We argue that this incentive arises from the presence of a second-hand market and uncertainty about consumers' willingness to pay for the good. Consumers are heterogeneous in their valuations. Moreover,...

Persistent link: https://www.econbiz.de/10012940488

Monopoly Pricing and Diffusion of (Social) Network Goods

Shin, Euncheol - 2015

I present a new model of optimal dynamic pricing and diffusion of a network good sold by a monopolist. The good in this model is a social network good in that each consumer’s value of the good within a social network increases as more of her neighbors use the good. In each period, the...

Persistent link: https://www.econbiz.de/10014150396

Read-Only Versions for Free and for Profit : Functional Quality Differentiation Strategies of a Software Producing Monopoly

Csorba, Gergely - 2002

Software firms often remove some functions of his product and sell the damaged version at a lower or zero price. This paper extends Hahn's functional degradation model into a continuous type framework, derives the conditions for introducing the read-only version, and the conditions for selling...

Persistent link: https://www.econbiz.de/10014033909

Monopolization via Voluntary Network Effects

Ayal, Adi - 2009

structure. From situations where standard competition may be possible, they shift the market towards monopoly, betting on their …

Persistent link: https://www.econbiz.de/10014206793