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In several papers, Negishi revisted the foundations of competitition. Sensitive to the Edgeworthian views of exchange but strongly influenced by the law of indifference of Jevons, he tried to reconcile both approaches. The main result of this synthesis is the equivalence between the walrasian...
Persistent link: https://www.econbiz.de/10011072057
This note analyzes some properties of optional two-part pricing in a two-type economy. First, the optimal contracts along the Paretian frontier are described. Then, the duality relation between the Rawlsian program and the discriminating monopoly is demonstrated. Last, this property is used to...
Persistent link: https://www.econbiz.de/10010706816
In a partial equilibrium framework, SHARKEY and SIBLEY [1993] show paradoxally that all redistributive optimal two-part pricings are sustainable. They also suggest the extension of their main result to non-linear pricing. In this paper, it is shown that in fact their result doesn't extend...
Persistent link: https://www.econbiz.de/10010707410
In a partial equilibrium framework, Sharkey and Sibley [1993] show paradoxally that all redistributive optimal two-part pricings are sustainable. They also suggest the extension of their main result to nonlinear pricing. In this paper, it is shown that in fact their result doesn't extend...
Persistent link: https://www.econbiz.de/10005065717
[fre] Monopole discriminant et redistribution. Une interprétation des thèses d'Edgeworth. . Outre sa théorie du noyau, sa conception de la justice sociale, Edgeworth (1845-1926) a élaboré, à partir des travaux de Dupuit, une vision du monopole et de la concurrence imparfaite aussi...
Persistent link: https://www.econbiz.de/10008621281
Persistent link: https://www.econbiz.de/10008804808
SHARKEY & SIBLEY [1993] ont démontré la soutenabilité de tous les optima redistributifs dans un cadre de tarification binôme optionnel. Les résultats présentés dans ce papier montrent que leurs conclusions ne sont pas toujours valides en tarification non linéaire. Après la présentation...
Persistent link: https://www.econbiz.de/10009024332
This note analyzes some properties of optional two-part pricing in a two-type economy. First, the optimal contracts along the Paretian frontier are described. Then, the duality relation between the Rawlsian program and the discriminating monopoly is demonstrated. Last, this property is used to...
Persistent link: https://www.econbiz.de/10009024334
Les économies des pays en développement sont à la fois caractérisée par une faiblesse de l’infrastructure financière, notamment du cadre légal, et un développement important de la finance informelle. L’imperfection du cadre légal limite considérablement l'efficacité des...
Persistent link: https://www.econbiz.de/10011072581
Developing countries economies are well-known for both the inadequacy of the institutional framework (this is particularly relevant for the legal system) and the presence of informal nancing. The former characteristic signi cantly reduces the e¢ ciency of con- tractual mechanisms. As a result,...
Persistent link: https://www.econbiz.de/10011072787