Regulation of a Multi-product Monopolist: Effects on Pricing and Bundling
AbstractThis paper studies the effects on a multi-product monopolist's pricing and bundling decisions of a form of regulation in which a price-cap is imposed on only the basic level of service. Conditions are given under which the screening problem faced by the multi-product monopolist can be adequately represented in a one-dimensional screening model, and it is shown that this requires strong assumptions on preferences. In both a one-dimensional and a general multi-product screening model basic service price-caps may result in higher prices for some consumers even while lowering prices for other consumers. Socially suboptimal unbundling may be induced by such regulation in the general multi-product model. Copyright 1995 by Blackwell Publishing Ltd.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Wiley Blackwell in its journal Journal of Industrial Economics.
Volume (Year): 43 (1995)
Issue (Month): 4 (December)
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-1821
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Claude Crampes & Abraham Hollander, 2008. "The regulation of audiovisual content: quotas and conflicting objectives," Journal of Regulatory Economics, Springer, vol. 34(3), pages 195-219, December.
- Chenghuan Sean Chu, 2008. "The effect of satellite entry on product quality for cable television," Finance and Economics Discussion Series 2008-12, Board of Governors of the Federal Reserve System (U.S.).
- Crampes, Claude & Hollander, Abraham, 2005. "Product specification, multi-product screening and bundling: the case of pay TV," Information Economics and Policy, Elsevier, vol. 17(1), pages 35-59, January.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.