Similar Search Results

Collusive effects of a monopolist's use of an intermediary to deliver to retailers

Teichmann, Isabel; Schlippenbach, Vanessa von - 2014

A manufacturer contracting secretly with several downstream competitors faces an opportunism problem, preventing it from exerting its market power. In an infinitely repeated game, the opportunism problem can be relaxed. We show that the upstream firm's market power can be restored even further...

Persistent link: https://www.econbiz.de/10010467434

Second-degree price discrimination on two-sided markets : conference paper

Böhme, Enrico - 2014 - This version: June 2013

addition, the paper finds that it is feasible in the monopoly optimum that the bundle for low-demand agents is more expensive …

Persistent link: https://www.econbiz.de/10010487752

Monetary policy and the behavior of a monopolistic bank : a theoretical approach

Dalla, Eleni; Varelas, Erotokritos G. - 2013

This paper investigates the influence of monetary policy on the optimal behavior of a monopolistic bank. More specifically, we discuss how the overdraft rate and the minimum reserve requirements affect the equilibrium values of lending rate and deposit rate as well as the corresponding...

Persistent link: https://www.econbiz.de/10009782807

Risk-averse monopolist with aspiration

Kaniovski, Serguei - 2003

This paper analyzes optimizing decisions of a monopolist under uncertainty. The aspiration model directly accounts for asymmetric risk preferences with respect to downside risk. The optimal output (price) of a risk-averse monopolist facing marginal cost uncertainty will not exceed that of his...

Persistent link: https://www.econbiz.de/10011493991

Pricing as a risky choice : uncertainty and survival in a monopoly market

Andersen, Per; Vetter, Henrik - 2015

Roy (Safety First and the Holding of Assets, 1952) argues that decisions under uncertainty motivate firms to avoid bankruptcy. In this paper the authors ask about the behaviour of a monopolist who pre-commits to price when she has only probabilistic knowledge about demand. They argue that...

Persistent link: https://www.econbiz.de/10011295710

Monopoly : Advantages and Disadvantages

Carare, Petru Mihail - 2011

Economy is among us everywhere. Monopoly is one of the key elements of it. The aim of this article is to highlight and … describe the advantages and disadvantages that a monopoly situation has. The most interesting part of the article refers to the … advantages of the monopoly, things that many people don't imagine and know about …

Persistent link: https://www.econbiz.de/10013128416

Taxation and Market Power

Konrad, Kai A. - 2011

We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share …

Persistent link: https://www.econbiz.de/10013133937

Afterword : Could a Merger Lead to Both a Monopoly and a Lower Price?

Lande, Robert H. - 2010

merger results in a monopoly. The article also shows that a price focus would require substantially more efficiencies to …

Persistent link: https://www.econbiz.de/10013136414

Cartel and Monopoly Policy

Bouthinon-Dumas, Hugues - 2012

Firm strategies cannot be analyzed without taking into consideration the legal framework which governs the relationships between economic agents, especially competition law. As a consequence, firms have to maneuver through a complex universe, taking account of both the rules of the economic game...

Persistent link: https://www.econbiz.de/10013100306

Capacity Constraints in Durable Goods Monopoly : Coase and Hotelling

Boyce, John - 2012

We examine the effect of a capacity constraint on the profits of a durable goods monopoly (DGM) in a two-period model …

Persistent link: https://www.econbiz.de/10013103937