Arbeitspapier
A simple theory of predation
We propose a simple theory of predatory pricing, based on scale economies and sequential buyers (or markets). The entrant (or prey) needs to reach a critical scale to be successful. The incumbent (or predator) is ready to make losses on earlier buyers so as to deprive the prey of the scale it needs, thus making monopoly profits on later buyers. Several extensions are considered, including markets where scale economies exist because of demand externalities or two-sided market effects, and where markets are characterised by common costs. Conditions under which predation may take place in actual cases are also discussed.
- Sprache
-
Englisch
- Erschienen in
-
Series: Nota di Lavoro ; No. 2010,15
- Klassifikation
-
Wirtschaft
Antitrust Law
Monopoly; Monopolization Strategies
Antitrust Issues and Policies: General
- Thema
-
Anticompetitive Behaviour
Exclusion
Below-Cost Pricing
Antitrust
Betriebliche Preispolitik
Wettbewerbsstrategie
Kartell
Skalenertrag
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fumagalli, Chiara
Motta, Massimo
- Ereignis
-
Veröffentlichung
- (wer)
-
Fondazione Eni Enrico Mattei (FEEM)
- (wo)
-
Milano
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fumagalli, Chiara
- Motta, Massimo
- Fondazione Eni Enrico Mattei (FEEM)
Entstanden
- 2010
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