the decentralized coordination mechanism inherent in all competitive markets. Coordinating supply and demand is not the … mechanism of this coordination is valuable for economic thinking and economic theory. However, the implications of the perfect … distinguishable types. This contribution explains absolute market power (single-firm monopoly and dominance), collective market power …

We present a model of dynamic monopoly pricing for a good that displays network effects. In contrast with the standard … specific threshold, and is chosen to keep user base stationary once this threshold demand level has been attained. We show that …

This paper characterizes dynamic monopoly price patterns when demand declines. Declining demand is caused by the …

This paper solves for the profit maximising strategy of a durable-goods monopolist when incoming demand varies over … asymmetry pushes the price level above that charged by a firm facing the average level of demand. Applications of this framework … include deterministic demand cycles, one-off shocks and IID demand draws. The optimal policy outperforms renting and can be …

We study rationing as a tool of the monopolist's pricing strategy when demand is uncertain. Three pricing strategies …

We develop a two-period model of bundling strategy when a monopolistic firm faces uncertain demand in the second period …