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Modell eines selbstregulierenden, räumlich ausgedehnten Marktplatzes für Rohstoffhandel
[Model for selfregulating, spacially extended market place for commodity trading]

Author

Listed:
  • Michaelis, Björn

Abstract

The concept of a "Commodity Hub" is extended to the large areas with consumers, who differ in their transport costs. A marketplace operator defines regionalized contract standards, that can reduce price discrimination. For a duopoly, contract standards that are valid in one region react to relative price reductions in this region by expanding the region of their validity, if the marketplace operator wants to maximize its turnover.

Suggested Citation

  • Michaelis, Björn, 2017. "Modell eines selbstregulierenden, räumlich ausgedehnten Marktplatzes für Rohstoffhandel [Model for selfregulating, spacially extended market place for commodity trading]," MPRA Paper 79482, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:79482
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    File URL: https://mpra.ub.uni-muenchen.de/79482/1/MPRA_paper_79482.pdf
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    References listed on IDEAS

    as
    1. Bulow, Jeremy I, 1982. "Durable-Goods Monopolists," Journal of Political Economy, University of Chicago Press, vol. 90(2), pages 314-332, April.
    2. Coase, Ronald H, 1972. "Durability and Monopoly," Journal of Law and Economics, University of Chicago Press, vol. 15(1), pages 143-149, April.
    Full references (including those not matched with items on IDEAS)

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    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation

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