Double marginalization and cost pass-through: Weyl-Fabinger and Cowan meet Spengler and Bresnahan-Reiss

被引：20

作者：

Adachi, Takanori ^{[1
]}

Ebina, Takeshi ^{[2
]}

机构：

[1] Nagoya Univ, Sch Econ, Chikusa Ku, Nagoya, Aichi 4648601, Japan

[2] Shinshu Univ, Fac Econ, Matsumoto, Nagano 3908621, Japan

来源：

ECONOMICS LETTERS | 2014年 / 122卷 / 02期

关键词：

Double marginalization; Cost pass-through; Inverse demand curvature; Consumer surplus; 3RD-DEGREE PRICE-DISCRIMINATION; VERTICAL INTEGRATION; COMPETITION; MANUFACTURERS; MAINTENANCE; WHOLESALE; INFERENCE; RETAILERS; WELFARE;

D O I：

10.1016/j.econlet.2013.11.020

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Consider the classical double marginal ization problem of single-product successive monopolies. We show that the ratio of the cost pass-through at the final sale relative to that at the wholesale level is characterized by the curvature of inverse demand in the final market. We also apply Cowan's (2012) method, which utilizes the idea of pass-through in an analysis of third-degree price discrimination, to compare consumer surplus under vertical integration and separation. (C) 2013 Elsevier B.V. All rights reserved.

引用

页码：170 / 175

页数：6

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