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

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Author Info

  • 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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Bibliographic Info

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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Related research

Keywords: Monopoly; Spatial competition; Consumer surplus;

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  1. Perloff, Jeffrey M. & Suslow, Valerie Y. & Seguin, Paul J., 1995. "Higher Prices from Entry: Pricing of Brand-Name Drugs," Competition Policy Center, Working Paper Series qt1ts674n2, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
  2. 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.
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Cited by:
  1. Klaus Schöler, 2007. "Gibt es eine optimale Stadtgröße?," Volkswirtschaftliche Diskussionsbeiträge 89, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät.

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