Bertrand Wettbewerb im Raum kann zu höheren Preisen führen als ein Monopol

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Bertrand Wettbewerb im Raum kann zu höheren Preisen führen als ein Monopol

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Helge Sanner

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Helge Sanner

Abstract

If we take into account the spatial dimension of markets, prices of incumbent firms may be higher, and consumer surplus may be lower with competition. This result obtains unambiguously, even in the highly competitive case of Bertrand competition.

In Mikro- und Industrieökonomik ist scheinbar gewiss, dass Wettbewerb zu niedrigeren Preisen führt und dass Konsumenten von Wettbewerb profitieren, während die etablierten Unternehmen einen Nachteil erleiden. Dieser Beitrag verwendet ein raumwirtschaftliches Standardmodell, um zu zeigen, dass dies nicht immer so ist. Der Grund ist, dass durch den Marktzutritt gerade die Konsumenten, deren Preiselastizität am größten ist, von dem Unternehmen bei der Preisbildung nicht berücksichtigt werden.

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Paper provided by Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät in its series Volkswirtschaftliche Diskussionsbeiträge with number 75.

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Date of creation: 2005
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Handle: RePEc:pot:vwldis:75

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Find related papers by JEL classification:
D42 - Microeconomics - - Market Structure and Pricing - - - Monopoly
L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
R32 - Urban, Rural, and Regional Economics - - Production Analysis and Firm Location - - - Other Production and Pricing Analysis

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Jeffrey Perloff & Valerie Suslow & Paul Seguin, 1996. "Higher Prices from Entry: Pricing of Brand-Name Drugs," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series 778, Department of Agricultural & Resource Economics, UC Berkeley. [Downloadable!]
Steven C. Salop, 1979. "Monopolistic Competition with Outside Goods," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 141-156, Spring. [Downloadable!] (restricted)
Perloff, Jeffrey M. & Suslow, Valerie Y. & Seguin, Paul J., 1996. "Higher prices from entry : pricing of brand-name drugs," CUDARE Working Paper Series 778, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy. [Downloadable!]
Other versions:
- Valerie Suslow & Paul Seguin & Jeffrey Perloff, 1995. "Higher Prices from Entry: Pricing of Brand-Name Drugs," Competition Policy Center, Working Paper Series CPC99-003, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
Capozza, Dennis R & Van Order, Robert, 1978. "A Generalized Model of Spatial Competition," American Economic Review, American Economic Association, vol. 68(5), pages 896-908, December. [Downloadable!] (restricted)

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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Klaus Schöler, 2007. "Gibt es eine optimale Stadtgröße?," Volkswirtschaftliche DiskussionsbeitrÃ¤ge 89, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät. [Downloadable!]

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