Cost functions in non-linear pricing

Authors
Citation
L. Thomas, Cost functions in non-linear pricing, ECON LETT, 72(1), 2001, pp. 53-59
Citations number
1
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
72
Issue
1
Year of publication
2001
Pages
53 - 59
Database
ISI
SICI code
0165-1765(200107)72:1<53:CFINP>2.0.ZU;2-Z
Abstract
This paper compares the optimal selling strategies with symmetric and asymm etric information when monopolist's cost function depends both on individua l and aggregate production. We show how standard underproduction and higher exclusion with incomplete information are affected. (C) 2001 Elsevier Scie nce B.V. All rights reserved.