Artikel
Spatial monopoly pricing under non-constant marginal costs
The firm’s price policy decision is a central issue in spatial economics. Previous results show, e.g., that the specification of consumers’ demand functions is pivotal but mostly mill and uniform pricing are compared in a monopoly setting with constant marginal costs. The results in this paper highlight that some conclusions of prior work do not hold if the monopolist operates under non-constant marginal production costs. For instance, the optimal price is no longer independent of transport costs, and the welfare ranking of mill and uniform pricing also depends on the shape of the cost function.
- Language
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Englisch
- Bibliographic citation
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Journal: Letters in Spatial and Resource Sciences ; ISSN: 1864-404X ; Volume: 13 ; Year: 2020 ; Issue: 1 ; Pages: 81-97 ; Berlin [u.a.]: Springer
- Classification
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Wirtschaft
Market Structure, Pricing, and Design: Monopoly
Production, Pricing, and Market Structure; Size Distribution of Firms
Other Spatial Production and Pricing Analysis
- Subject
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spatial pricing
price discrimination
monopoly
- Event
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Geistige Schöpfung
- (who)
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Graubner, Marten
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Berlin [u.a.]
- (when)
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2020
- DOI
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doi:10.1007/s12076-020-00246-1
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Graubner, Marten
- Springer
Time of origin
- 2020