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A decomposition of monopolistic quality distortion

Citation

Sibly, H, A decomposition of monopolistic quality distortion, Research in Economics, 66, (1) pp. 97-105. ISSN 1090-9443 (2012) [Refereed Article]

Copyright Statement

Copyright 2011 University of Venice

DOI: doi:10.1016/j.rie.2011.03.002

Abstract

The quality distortion caused by a linear pricing monopolist is separated into two components; one measures the imbalance of quality and quantity (the skewed component)and the other measures the restriction of production to increase marginal willingness to pay (the unskewed component). Conditions identifying the direction of quality distortion caused by each of these components are presented. Fundamental special cases of preferences and costs, which are useful representation in a variety of contexts, are analyzed using this framework.

Item Details

Item Type:Refereed Article
Keywords:quality distortion, linear-pricing monopolist, qwuantity-quality balance
Research Division:Economics
Research Group:Applied Economics
Research Field:Industry Economics and Industrial Organisation
Objective Division:Economic Framework
Objective Group:Microeconomics
Objective Field:Industry Costs and Structure
Author:Sibly, H (Dr Hugh Sibly)
ID Code:83189
Year Published:2012
Deposited By:Economics and Finance
Deposited On:2013-03-05
Last Modified:2013-06-13
Downloads:0

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