Wholesale Price Discrimination and Parallel Imports
نویسندگان
چکیده
منابع مشابه
Wholesale Price Discrimination and Parallel Imports
We develop a model of vertical pricing in which an original manufacturer sets wholesale prices in two markets integrated at the distributor level by parallel imports (PI). In this context we show that if competition policy requires uniform wholesale prices across locations it would push retail prices toward convergence as transportation costs fall. However, these retail prices could be higher t...
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Many markets for homogeneous goods feature market power and heterogeneity in the prices paid by buyers. Search costs are a common explanation for this phenomenon and are a concern as they generate inefficiencies. In this paper, I study a competitive market for homogeneous goods and, by exploiting a unique dataset, I find three facts that are opposite to what one would expect from a market with ...
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We consider a regulated monopolist that faces a continuum of markets (e.g., [0, 1]) although a finite number k of prices must be charged. As a function of the integer k, we provide the optimal profit policy defined as the optimal market segmentation and the discriminatory prices. The social welfare is maximized for three prices, but the result is far below the benchmark, the welfare under the R...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2007
ISSN: 1556-5068
DOI: 10.2139/ssrn.968697