Another perverse effect of monopoly power
(2001) , 11 pages
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- Authors
- Abstract
- We show that the simple fact that a monopolist sells a good in units which are indivisible may well induce him to select a quality for his product which is not the highest one, even if no cost of any sort is attached to quality improvement.
- Affiliations
Citations
Jaskold Gabszewicz, J., & Wauthy, X. (2001). Another perverse effect of monopoly power (CEREC Working Papers 2001/1).