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The Welfare Effects of Third Degree Price Discrimination In Intermediate Good Markets: The Case of Bargaining
Product Code:
9781502751782
ISBN13:
9781502751782
Condition:
New
$17.47
The Welfare Effects of Third Degree Price Discrimination In Intermediate Good Markets: The Case of Bargaining
$17.47
This book examines the welfare effects of third degree price discrimination by an intermediate good monopolist selling to downstream firms with bargaining power. One of the downstream firms (the "chain store") may have a greater ability than rivals to integrate backward into the supply of the input. In addition to this outside option, the firms' relative bargaining powers depend on their disagreement profits, bargaining weights, and concession costs. If the chain's integration threat is not a credible outside option, and if downstream firms cannot coordinate their bargaining strategies, then price discrimination reduces input prices to all downstream firms.
| Author: Federal Trade Commission |
| Publisher: Createspace Independent Publishing Platform |
| Publication Date: Oct 09, 2014 |
| Number of Pages: 34 pages |
| Binding: Paperback or Softback |
| ISBN-10: 150275178X |
| ISBN-13: 9781502751782 |
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