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Brand name and private label price setting by a monopoly store

Perloff, Jeffrey M.; LaFrance, Jeffrey T.; Chouinard, … - 2012

A monopoly that sells to brand-name loyal customers and to price-sensitive customers must decide whether to carry both name-brand and a private-label products and how much to charge. The monopoly may charge either more or less for the brand name if it carries a private label, and the price...

Persistent link: https://www.econbiz.de/10009559243

The trouble with human capital theory

Fix, Blair - 2018

Human capital theory is the dominant approach for understanding personal income distribution. According to this theory … personal income distribution. I find that human capital theory's claims are dubious at best. In most cases, the theory is … capital theory is a barrier to the scientific study of income distribution. …

Persistent link: https://www.econbiz.de/10012034993

Market power and wage inequality

Deb, Shubhdeep; Eeckhout, Jan; Patel, Aseem; Warren, … - 2022

We propose a theory of how market power affects wage inequality. We ask how goods and labor market power jointly affect …

Persistent link: https://www.econbiz.de/10013466168

Chapter 21 The Economics of Books

Canoy, Marcel; van Ours, Jan C.; van der Ploeg, Frederick - In: Handbook of the economics of art and culture : volume 1, (pp. 721-761). 2006

libraries and education in order to stimulate the diversity of books on offer, increase the density of retail outlets and …

Persistent link: https://www.econbiz.de/10014023808

Beyond the dogma of the fixed book price agreement

Ploeg, Frederick van der - 2003

long time to read. Potential advantages of better service, distribution and retail networks seem less relevant. The book …-stocked bookshops than the diversity of published titles and that debutantes do not face big barriers to entry. One should be even more …

Persistent link: https://www.econbiz.de/10011507914

Adverse Effects of Patent Pooling on Product Development and Commercialization

Jeitschko, Thomas D.; Zhang, Nanyun - 2014

The conventional wisdom is that the formation of patent pools is welfare enhancing when patents are complementary, since the pool avoids a double-marginalization problem associated with independent licensing. This conventional wisdom relies on the effects that pooling has on downstream prices....

Persistent link: https://www.econbiz.de/10014178239

Two-Sided Network Effects : A Theory of Information Product Design

Parker, Geoffrey; Van Alstyne, Marshall W. - 2012

How can firms profitably give away free products? This paper provides a novel answer and articulates tradeoffs in a space of information product design. We introduce a formal model of two-sided network externalities based in textbook economics - a mix of Katz & Shapiro network effects, price...

Persistent link: https://www.econbiz.de/10014216217

If at First You Don't Succeed : Profits, Prices and Market Structure in a Model of Quality with Unknowable Consumer Heterogeneity

Krishna, Kala; Winston, Tor - 2015

Why are higher quality niches seen as intrinisically more profitable in business circles? Why do high quality products sometimes have a low real price, while it is unusual to see low quality products with high real prices? Can markets have quality differentiation as well as quality bunching? How...

Persistent link: https://www.econbiz.de/10014115047

Is Perfect Price Discrimination Really Efficient? An Analysis of Free Entry Equilibria

Bhaskar, V.; To, Ted - 2001

We analyze models of product differentiation with perfect price discrimination and free entry. Although perfect price discrimination ensures efficient output decisions given product characteristics, coordination failures may prevent efficiency in the choice of product characteristics. More...

Persistent link: https://www.econbiz.de/10014139755

Welfare Effects of Paid for Prioritization Services : A Matching Model with Non-Uniform Quality of Service

Bykowsky, Mark; Sharkey, William - 2014

We develop a stylized two-sided model of the local broadband Internet market where prices are used to facilitate “interactions” between the Broadband Internet Service Provider’s (BISP) subscribers and Content and Application Service Providers (CASPS), as well as the priority (i.e., speed)...

Persistent link: https://www.econbiz.de/10014143827