Interfering with secondary markets
Article Abstract:
A study was conducted to analyze a framework promoting four ways in which a monopolist can interfere with secondary markets. The model supports consumers having heterogeneous valuations for quality. At most, consumers demand one unit at any date. Results indicated that a monopolist does not promote socially optimal durability. Findings also showed that allowing a monopolist increases its market power in the used market.
Publication Name: RAND Journal of Economics
Subject: Economics
ISSN: 0741-6261
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Storable good monopoly: the role of commitment
Article Abstract:
Monopoly pricing of storable goods in which the demand varies over time is discussed in relation to the monopolist's capability to commit. Stockpiling of consumers is also analyzed along with intertemporal demand incentives implemented by monopolists.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
The impact of labor strikes on consumer demand: an application to professional sports
Article Abstract:
The study deals with the history of management labor strife in sports leagues. A report is presented on time series and panel data investigation of the impact of strikes on league attendance.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The sensitivity of long-term interest rates to economic news: evidence and implications for macroeconomic models
- Abstracts: IMF programs: who is chosen and what are the effects? Deposit insurance, bank regulation, and financial system risks
- Abstracts: Monetary policy and the definition of money: implications for the European Monetary Union. The German historical schools in the history of economic thought
- Abstracts: Equity ownership and the two faces of debt. Earnings signals in fixed-price and Dutch auction self-tender offers
- Abstracts: A dual-self model of impulse control. Superstition and rational learning. Imprecision as an account of the preference reversal phenomenon