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Tying as A Response to Demand Uncertainty
Oleh:
Mathewson, Frank
;
Winter, Ralph A.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Rand Journal of Economics vol. 28 no. 3 (1997)
,
page 566-583.
Topik:
demand
;
tying
;
demand uncertainty
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
RR10.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
This article examines requirements tying of a competitively supplied food to a monopolized good. It expands the set of market conditions in which this instrument is known to be profitable. With heterogenous, privately informed buyers, a firm can profit by tying two goods even when the demands for the goods are price independent - providing the demands are stochastically dependent. We investigate the profitability of tying as a response to stochastic demand, as well as the effects of tying on prices and that extent of the market served.
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