Welfare and Pricing of Mail in a Communications Market

被引:0
作者
De Donder, Philippe [1 ]
Cremer, Helmuth [1 ]
Dudley, Paul
Rodriguez, Frank
机构
[1] Toulouse Sch Econ, GREMAQ, Toulouse, France
关键词
non direct mail; substitution; displacement ratio; Ramsey prices; calibration;
D O I
10.2202/1446-9022.1223
中图分类号
F [经济];
学科分类号
02 ;
摘要
We build a model where a postal incumbent offering single piece, transactional and advertising mail competes with postal entrants and with a firm offering an alternative medium. We solve for the optimal prices under various competition assumptions. We calibrate the model and provide numerical simulations in order to shed light on the impact of these assumptions on volumes and welfare levels.
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页数:24
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