Two-Part Marginal Cost Pricing Equilibria With n Firms : Sufficient Conditions for Existence and Optimality  

Oleh:

Epelbaum, Mario ; Edlin, Aaron S.

Jenis: Article from Bulletin/Magazine
Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 34 no. 4 (1993), page 903-922.
Topik: MARGINALISASI; marginal cost; pricing equilibria; firms; conditions; existence; optimality

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: II49.3 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

We explore the interactions among firms with increasing returns regulated to break even by pricing with two-part tariffs. We provide conditions for existence and for efficiency of general equilibria with n - firms. This involves finding hookup fees that are voluntarily paid and cover the firms' losses from marginal cost pricing - a problem that because of both substitution and income effects is complicated by multiple firms using two - part tariffs, but that must be solved to ensure the continuity of demands necessary to prove break - even equilibria exist.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali