Monopoly price dispersion under demand uncertainty

被引：39

作者：

Dana, JD ^{[1
]}

机构：

[1] Northwestern Univ, Evanston, IL 60208 USA

来源：

INTERNATIONAL ECONOMIC REVIEW | 2001年 / 42卷 / 03期

关键词：

D O I：

10.1111/1468-2354.00128

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

When a monopolist sets its price before its demand is known, then it may set more than one price and limit the availability of its output at lower prices. This article adds demand uncertainty and price rigidities to the standard model of monopoly pricing. When there are two states of demand and the ex post monopoly price is greater when demand is high then the monopolist's optimal ex ante pricing strategy is to set two prices and limit purchases at the lower price.

引用

收藏

页码：649 / 670

页数：22

相关论文

共 21 条

[1] RANDOM PRICING BY MONOPOLISTS [J].

BEARD, TR ;

SWEENEY, GH .

JOURNAL OF INDUSTRIAL ECONOMICS, 1994, 42 (02) :183-192

[2]

BECKMANN MJ, 1965, OPERATIONS RES VERFA, V3, P55

[3]

CHAO HP, 1987, AM ECON REV, V77, P899

[4] The optimal mechanism for selling to a budget-constrained buyer [J].

Che, YK ;

Gale, I .

JOURNAL OF ECONOMIC THEORY, 2000, 92 (02) :198-233

[5] Advance-purchase discounts and price discrimination in competitive markets [J].

Dana, JD .

JOURNAL OF POLITICAL ECONOMY, 1998, 106 (02) :395-422

[6] Equilibrium price dispersion under demand uncertainty: the roles of costly capacity and market structure [J].

Dana, JD .

RAND JOURNAL OF ECONOMICS, 1999, 30 (04) :632-660

[7]

DANA JD, 1995, UNPUB MONOPOLY PRICE

[8] LONG-RUN COMPETITION IN CAPACITY, SHORT-RUN COMPETITION IN PRICE, AND THE COURNOT MODEL [J].

DAVIDSON, C ;

DENECKERE, R .

RAND JOURNAL OF ECONOMICS, 1986, 17 (03) :404-415

[9] MARGINAL COST PRICING WHEN SPOT MARKETS ARE COMPLETE [J].

EDEN, B .

JOURNAL OF POLITICAL ECONOMY, 1990, 98 (06) :1293-1306

[10] THE EFFICIENCY OF ADVANCE-PURCHASE DISCOUNTS IN THE PRESENCE OF AGGREGATE DEMAND UNCERTAINTY [J].

GALE, IL ;

HOLMES, TJ .

INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 1992, 10 (03) :413-437