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exposita notes : Comparative statics of monopoly pricing

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Author Info
Tim Baldenius () (Graduate School of Business, Columbia University, New York, NY 10027, USA)
Stefan Reichelstein () (Haas School of Business, University of California at Berkeley, Berkeley, CA 94720, USA)

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Abstract

When consumers' willingness-to-pay increases by a uniform amount, the change in the resulting monopoly price is generally indeterminate. Our analysis identifies sufficient conditions on the underlying demand curve which predict both the sign and the magnitude of the resulting price change.

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Publisher Info
Article provided by Springer in its journal Economic Theory.

Volume (Year): 16 (2000)
Issue (Month): 2 ()
Pages: 465-469
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Handle: RePEc:spr:joecth:v:16:y:2000:i:2:p:465-469

Note: Received: 22 April 1998; revised version: 29 March 1999
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Related research
Keywords: Monopoly pricing; Comparative statics; Log-concavity.;

Find related papers by JEL classification:
D42 - Microeconomics - - Market Structure and Pricing - - - Monopoly
L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies

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This page was last updated on 2009-12-22.

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