Monopolistic third-degree price discrimination, welfare, and vertical market structure

Autor:	Lin Zhang, Xingtang Wang
Rok vydání:	2021
Předmět:	business.industry media_common.quotation_subject Social Welfare Vertical market Price discrimination Microeconomics Monopolistic competition Economics Quality (business) business General Economics Econometrics and Finance Welfare Downstream (petroleum industry) media_common
Zdroj:	Review of Economic Design. 26:75-86
ISSN:	1434-4750 1434-4742
Popis:	This paper reconsiders the effects of monopolistic third-degree price discrimination on welfare in a vertical market. The results indicate that monopolistic downstream third-degree price discrimination increases social welfare when the input price is determined by suppliers, regardless of whether the quality is fixed or endogenously chosen.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::7184d3743f545aa02f4512d51516d732 https://doi.org/10.1007/s10058-021-00254-7 Zobrazit plný text záznamu Full text from SpringerLink