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Average-cost Pricing, Increasing Returns, and Optimal Output: Comparing Home and Market Production

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Author Info

  • Yew-Kwang Ng

    ()

  • Dingsheng Zhang

    ()

Abstract

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File URL: http://hdl.handle.net/10.1007/s00712-006-0229-z
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Bibliographic Info

Article provided by Springer in its journal Journal of Economics.

Volume (Year): 90 (2007)
Issue (Month): 2 (March)
Pages: 167-192

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Handle: RePEc:kap:jeczfn:v:90:y:2007:i:2:p:167-192

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Web page: http://www.springerlink.com/link.asp?id=108909

Related research

Keywords: increasing returns; average-cost pricing; monopolistic competition; home production; optimal output; fixed costs; D43; H21; L11;

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References

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  1. Heal, G.M., 1997. "The Economics of Increasing Returns," Papers 97-20, Columbia - Graduate School of Business.
  2. Paul Krugman, 1982. "Trade in Differentiated Products and the Political Economy of Trade Liberalization," NBER Chapters, in: Import Competition and Response, pages 197-222 National Bureau of Economic Research, Inc.
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Citations

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Cited by:
  1. Zhang, Dingsheng & Cheng, Wenli & Ng, Yew-Kwang, 2013. "Increasing returns, land use controls and housing prices in China," Economic Modelling, Elsevier, vol. 31(C), pages 789-795.
  2. Andreas Wagener, 2010. "Ng, Y.-K.: Increasing returns and economic efficiency," Journal of Economics, Springer, vol. 100(1), pages 85-89, May.
  3. Dingsheng Zhang & Wenli Cheng & Yew-Kwang Ng, 2012. "Increasing Returns, Land Use Controls and Housing Prices," Monash Economics Working Papers 12-14, Monash University, Department of Economics.

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