Capacity expansion and dynamic monopoly pricing

2006 ◽  
Vol 60 (4) ◽  
pp. 169-178 ◽  
Author(s):  
S. Demichelis ◽  
O. Tarola
Keyword(s):  
Capacity Expansion ◽  
Monopoly Pricing ◽  
Dynamic Monopoly

Dynamic Monopoly Pricing Under a Poisson-Type Uncertain Demand

1992 ◽  
Vol 65 (4) ◽  
pp. 593 ◽  
Author(s):  
Yu-Min Chen ◽  
Dipak C. Jain
Keyword(s):  
Uncertain Demand ◽  
Monopoly Pricing ◽  
Dynamic Monopoly ◽  
Poisson Type

A note on dynamic monopoly pricing under consumption externalities

2014 ◽  
Vol 124 (1) ◽  
pp. 1-8 ◽  
Author(s):  
Kaito Hashimoto ◽  
Nobuo Matsubayashi
Keyword(s):  
Consumption Externalities ◽  
Monopoly Pricing ◽  
Dynamic Monopoly

Dynamic monopoly pricing and herding

2006 ◽  
Vol 37 (4) ◽  
pp. 910-928 ◽  
Author(s):  
Subir Bose ◽  
Gerhard Orosel ◽  
Marco Ottaviani ◽  
Lise Vesterlund
Keyword(s):  
Monopoly Pricing ◽  
Dynamic Monopoly

Monopoly Pricing over Time and the Timing of Investments

2006 ◽  
Vol 6 (1) ◽  
Author(s):  
Ornella Tarola
Keyword(s):  
Capacity Expansion ◽  
Price Policy ◽  
Optimal Price ◽  
Optimal Sequence ◽  
Time Points ◽  
Demand Growth ◽  
Monopoly Pricing ◽  
Over Time ◽  
Cycle Property

We consider a monopoly producing a good whose demand grows over time. Whatever the price policy which is adopted, the monopolist invests in order to meet the resulting demand growth. She can only invest in indivisible factory units. We identify the optimal price policy, and the ensuing optimal sequence of investment time points the monopoly selects through time. We show that this sequence satisfies the constant cycle property observed under capacity expansion for an exogenous increase in demand (Manne, 1961).

scholarly journals Storable Good Monopoly: The Role of Commitment

2006 ◽  
Vol 96 (5) ◽  
pp. 1706-1719 ◽  
Author(s):  
Paolo Dudine ◽  
Igal Hendel ◽  
Alessandro Lizzeri
Keyword(s):  
Social Welfare ◽  
Monopoly Pricing ◽  
Dynamic Monopoly ◽  
Coase Conjecture ◽  
Demand Changes ◽  
Changes Over Time ◽  
Over Time

We study dynamic monopoly pricing of storable goods in an environment where demand changes over time. The literature on durables has focused on incentives to delay purchases. Our analysis focuses on a different intertemporal demand incentive. The key force on the consumer side is advance purchases or stockpiling. In the case of storable goods, the stockpiling motive has recently been documented empirically. We show that, in this environment, if the monopolist cannot commit, then prices are higher in all periods, and social welfare is lower, than in the case in which the monopolist can commit. This is in contrast with the analysis in the literature on the Coase conjecture.

Public Investment Criteria: Benefit-Cost Analysis for Planned Economic Growth by Stephen A. Marglin. London: George Allen & Unwin Ltd., 1967. pp.103. 22s. 6d.********** Investments for Capacity Expansion: Size, Location and Time-Phasing edited by Alan S. Manne. London: George Allen & Unwin Ltd., 1967. pp.239. 45s.Investments for Capacity Expansion: Size, Location and Time-Phasing edited by Alan S. Manne. London: George Allen & Unwin Ltd., 1967. pp.239. 45s.

1967 ◽  
Vol 7 (3) ◽  
pp. 416-420
Author(s):  
Arthur MacEwan
Keyword(s):  
Cost Benefit Analysis ◽  
Public Investment ◽  
Cost Benefit ◽  
Capacity Expansion ◽  
Point Of View ◽  
Systematic Analysis ◽  
Benefit Cost Analysis ◽  
The Government ◽  
The Many ◽  
Benefit Cost

These books are numbers 4 and 5, respectively, in the series "Studies in the Economic Development of India". The two books are interesting complements to one another, both being concerned with the analysis of projects within national plan formulation. However, they treat different sorts of problems and do so on very different levels. Marglin's Public Investment Criteria is a short treatise on the problems of cost-benefit analysis in an Indian type economy, i.e., a mixed economy in which the government accepts a large planning responsibility. The book, which is wholely theoretical, explains the many criteria needed for evaluation of projects. The work is aimed at beginning students and government officials with some training in economics. It is a clear and interesting "introduction to the special branch of economics that concerns itself with systematic analysis of investment alternatives from the point of view of a government".

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