OCEAN SHIPPING ECONOMICS: COMMENT
In: Contemporary economic policy: a journal of Western Economic Association International, Band 11, Heft 3, S. 81-85
ISSN: 1465-7287
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In: Contemporary economic policy: a journal of Western Economic Association International, Band 11, Heft 3, S. 81-85
ISSN: 1465-7287
In: The Canadian journal of economics: the journal of the Canadian Economics Association = Revue canadienne d'économique, Band 41, Heft 3, S. 1046-1086
ISSN: 1540-5982
Abstract. This paper compares one‐part and two‐part pricing in a discrete‐continuous choice model, providing more extensive welfare results than prior literature. Under two‐part pricing, firms may set fixed fees with or without 'unit‐price commitment,' where the lack of unit‐price commitment is consistent with 'after‐market monopolization.' We find that two‐part pricing with unit‐price commitment is firms' dominant unilateral and joint pricing policy. Two‐part pricing without unit‐price commitment is the least desirable policy from a welfare standpoint. Under appropriate conditions, one‐part pricing produces the highest consumer and social welfare, but the lowest profits.
In: Canadian Journal of Economics/Revue canadienne d'économique, Band 41, Heft 3, S. 1046-1086
SSRN
In: The Canadian Journal of Economics, Band 28, Heft 2, S. 427
In: Journal of international economics, Band 36, Heft 3-4, S. 431-447
ISSN: 0022-1996
In: The Antitrust bulletin: the journal of American and foreign antitrust and trade regulation, Band 38, Heft 2, S. 349-368
ISSN: 1930-7969
In: The Canadian Journal of Economics, Band 21, Heft 2, S. 312