Division of the Humanities and Social Sciences California Institute of Technology Pasadena, California 91125 the Optimal Product-mix for a Monopolist in the Presence of Congestion Effect: a Model and Some Res Ul Ts
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چکیده
The paper develops a model of product differentiation in which the quality of a product may be negatively affected by the number of consumers buying it, as it is the case for any good affected by congestion. It is shown that for any positive degree of heterogeneity among the consumers, a monopolist will always find it more profitable to differentiate, i.e., to sell more than one quality of the product at different prices. THE OPTIMAL PRODUCT-MIX FOR A MONOPOLIST IN THE PRESENCE OF CONGESTION EFFECT: A MODEL AND SOME RESULTS Parkash Chander "' and Luc Leruth **
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Op-scan120058 341..350
Peter Sokol-Hessner, Colin F. Camerer, and Elizabeth A. Phelps Division of the Humanities and Social Sciences (HSS), California Institute of Technology, Division of the Humanities and Social Sciences (HSS) and Computational and Neural Systems (CNS), California Institute of Technology, 1200 E. California Blvd., Pasadena, CA 91125, USA, and Department of Psychology, New York University, 6 Washing...
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تاریخ انتشار 2017