A note on dynamic monopoly pricing under consumption externalities

Autor:	Kaito Hashimoto, Nobuo Matsubayashi
Rok vydání:	2014
Předmět:	Consumption (economics) Microeconomics Economics and Econometrics Snob effect Discounting Economics Deadweight loss Congestion pricing Monopoly Finance Externality
Zdroj:	Economics Letters. 124:1-8
ISSN:	0165-1765
DOI:	10.1016/j.econlet.2014.04.007
Popis:	We analyze dynamic monopoly pricing under consumption externalities, focusing on pricing under negative externalities. We also attempt to generalize models in the previous literature, which encompass both negative and positive externalities, by incorporating a consumer’s discount factor for past sales as a parameter. Analyzing our model reveals oscillation as the optimal price path in the presence of negative externalities.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::53e67c5995ba9f0dd2ca088f22ae1320 https://doi.org/10.1016/j.econlet.2014.04.007 Zobrazit plný text záznamu Full Text from ScienceDirect