Monopoly rationing revisited |
| |
Authors: | Sherrill Shaffer |
| |
Institution: | Federal Reserve Bank of New York, New York, NY 10045, USA |
| |
Abstract: | This paper establishes that, whenever a simple pricing strategy fails to attain to the rationing outcome, a more complex pure price strategy may yet do so. It is also shown that rising marginal cost with uncertain demand may make rationing beneficial. |
| |
Keywords: | |
本文献已被 ScienceDirect 等数据库收录! |
|