-quality menus to segment the market. We show that, contrary to the Coase conjecture for the homogeneous durable good monopoly …

discrimination will improve monopoly profit if and only if information precision is higher than a certain threshold level. This U … monopoly’s investment in information accuracy. However, this cost should not dissuade firms to collect some information on …

We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find …, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share …

solution. Then we consider a monopoly. Market power affects both output and sugar content, possibly in opposite directions, and …

Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …