Commitments Not To Price Discriminate
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Commitments Not To Price Discriminate
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Author : Kenneth Stevens Corts
language : en
Publisher:
Release Date : 1996
Commitments Not To Price Discriminate written by Kenneth Stevens Corts and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.
Price discrimination by imperfectly competitive firms may intensify competition, leading to lower prices for all consumers; the trade-off of consumer groups' welfare that is characteristic of monopolistic discrimination need not arise. This escalation of competition may make firms worse off, and as a result firms may wish to avoid the discriminatory outcome. Under conditions similar to those in which unambiguous price and welfare effects may arise, unilateral commitments not to price discriminate - including the adoption of every day low-pricing or no-haggle policies - may raise firm profits by softening price competition.
Third Degree Price Discrimination In Oligopoly
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Author : Kenneth S. Corts
language : en
Publisher:
Release Date : 1998
Third Degree Price Discrimination In Oligopoly written by Kenneth S. Corts and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.
Price discrimination by imperfectly competitive firms may intensify competition, leading to lower prices for all consumers; the trade-off of consumer groups' welfare that is characteristic of monopolistic discrimination need not arise. This escalation of competition may make firms worse off, and as a result firms may wish to avoid the discriminatory outcome. Under conditions similar to those in which unambiguous price and welfare effects may arise, unilateral commitments not to price discriminate--including the adoption of everyday low pricing or no-haggle policies--may raise firm profits by softening price competition.
Quality Of Information And Oligopolistic Price Discrimination
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Author : Qihong Liu
language : en
Publisher:
Release Date : 2005
Quality Of Information And Oligopolistic Price Discrimination written by Qihong Liu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.
Recent developments in information technology (IT) have resulted in the collection of a vast amount of customer-specific data. As IT advances, the quality of such information improves. We analyze a unifying spatial price discrimination model that encompasses the two most studied paradigms of two-group and perfect discrimination as special cases. Firms use the available information to classify the consumers into different groups. The number of identifiable consumer segments increases with the information quality. Among our findings (1) when the information quality is low, unilateral commitments not to price discriminate arise in equilibrium; (2) after a unique threshold of information precision such a commitment is a dominated strategy, and the game becomes a prisoners' dilemma; and (3) equilibrium profits exhibit a U-shaped relationship with the information quality.
Competition Law Analysis Of Price And Non Price Discrimination Abusive Ip Based Legal Proceedings
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Author : Pierre Kobel
language : en
Publisher: Springer Nature
Release Date : 2021-03-29
Competition Law Analysis Of Price And Non Price Discrimination Abusive Ip Based Legal Proceedings written by Pierre Kobel and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-29 with Law categories.
This book gathers national and international reports from around the globe on key issues in the field of antitrust and intellectual property. Its first part discusses to what extent competition law should be concerned with differences in prices, terms and conditions, or quality that suppliers offer different purchasers. A detailed international report explores the major trends and challenges in this field and provides an excellent comparative study on this complex and challenging subject. In turn, the second part examines whether there should be legal restrictions on the ability of persons who claim, without sufficient justification, to hold IP rights that have been infringed on, to bring, or to threaten to bring, legal proceedings based on such claims against their competitors or others. In this regard, the book brings together the current legal responses across a number of European countries and elsewhere in the world, all summarised and elaborated on in an international report. The book also includes the resolutions passed by the General Assembly of the International League of Competition Law (LIDC) following debates on each of these topics, which include proposed solutions and recommendations. The LIDC is a long-standing international association that focuses on the interface between competition law and intellectual property law, including unfair competition issues.
Pricing Experience Goods
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Author : Bing Jing
language : en
Publisher:
Release Date : 2011
Pricing Experience Goods written by Bing Jing and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
In a two-period model of nondurable experience goods, we compare the profit and social welfare effects of behavior-based price discrimination (BBPD) and price commitment (PC) (relative to time-consistent pricing) in a monopoly. We find that when the static, full-information monopoly price is higher (lower) than the mean consumer valuation, PC yields higher (lower) profits and social welfare than BBPD. We also identify the market conditions under which BBPD does not increase firm profits and provide an explanation as to when the firm should discriminate against its first-time and repeat customers, respectively.
Advances In Economics And Econometrics Volume 2
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Author : Econometric Society. World Congress
language : en
Publisher: Cambridge University Press
Release Date : 2006-11-13
Advances In Economics And Econometrics Volume 2 written by Econometric Society. World Congress and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-11-13 with Business & Economics categories.
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Price Discrimination Legislation 1969
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Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly
language : en
Publisher:
Release Date : 1970
Price Discrimination Legislation 1969 written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with Price discrimination categories.
Considers legislation to incorporate in the Clayton Antitrust Act that section of the Robinson-Patman Act allowing businesses to take civil action against competitor's illegal price undercutting.
Law And Economics Of Article 102 Tfeu
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Author : Robert O'Donoghue QC
language : en
Publisher: Bloomsbury Publishing
Release Date : 2020-09-03
Law And Economics Of Article 102 Tfeu written by Robert O'Donoghue QC and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-03 with Law categories.
“a reference book in this area of EU competition law and a must-have companion for academics, enforcers and practitioners alike, as well as EU and national judges.” Judge Nils Wahl, Court of Justice of the European Union This seminal text offers an authoritative and integrated treatment of the legal and economic principles that underpin the application of Article 102 TFEU to the behaviour of dominant firms. Traditional concerns of monopoly behaviour, such as predatory pricing, refusals to deal, excessive pricing, tying and bundling, discount practices and unlawful discrimination are treated in detail through a review of the applicable economic principles, the case law and decisional practice and more recent economic and legal writings. In addition, the major constituent elements of Article 102 TFEU, such as market definition, dominance, effect on trade and applicable remedies are considered at length. The third edition involves a net addition of over 250 pages, with a substantial new chapter on Abuses In Digital Platforms, an extensively revised chapter on standards, and virtually all chapters incorporating substantial revisions reflecting key cases such as Intel, MEO, Google Android, Google Shopping, AdSense, Qualcomm.
Price Discrimination Legislatin 1969
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Author : United States. Congress. Senate. Committee on the Judiciary
language : en
Publisher:
Release Date : 1970
Price Discrimination Legislatin 1969 written by United States. Congress. Senate. Committee on the Judiciary and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with categories.
Handbook Of Industrial Organization
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Author : Mark Armstrong
language : en
Publisher: Elsevier
Release Date : 2007-10-05
Handbook Of Industrial Organization written by Mark Armstrong and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-10-05 with Business & Economics categories.
This is Volume 3 of the Handbook of Industrial Organization series (HIO). Volumes 1 & 2 published simultaneously in 1989 and many of the chapters were widely cited and appeared on graduate reading lists. Since the first volumes published, the field of industrial organization has continued to evolve and this volume fills the gaps. While the first two volumes of HIO contain much more discussion of the theoretical literature than of the empirical literature, it was representative of the field at that time. Since then, the empirical literature has flourished, while the theoretical literature has continued to grow, and this new volume reflects that change of emphasis. Thie volume is an excellent reference and teaching supplement for industrial organization or industrial economics, the microeconomics field that focuses on business behavior and its implications for both market structures and processes, and for related public policies. *Part of the renowned Handbooks in Economics series *Chapters are contributed by some of the leading experts in their fields *A source, reference and teaching supplement for industrial organizations or industrial economists