search query: @indexterm INCOME DISTRIBUTION / total: 353
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| Author: | Thépot, J. |
| Title: | Pareto-improving redistribution in a monopoly |
| Journal: | Japanese Economic Review
2003 : VOL. 14:2-3, p. 165-178 |
| Index terms: | Consumers Income distribution Monopoly Pareto law |
| Language: | eng |
| Abstract: | The impact of income transfer between consumers of a monopoly is discussed. In this context, income redistribution could induce an increase of the demand elasticity which leads to a lower monopoly price, beneficial to any consumer. Under mild assumptions on the demand function, the existence of a transfer is proven to maximize the market coverage which remains advantageous for any contributing consumer. Also the producer is proved to be better off. |
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