haku: @author Mathewson, F. / yhteensä: 4
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Tekijä: | Mathewson, F. Winter, R. |
Otsikko: | Tying as a response to demand uncertainty |
Lehti: | RAND Journal of Economics
1997 : AUTUMN, VOL. 28:3, p. 566-583 |
Asiasana: | DEMAND UNCERTAINTY ECONOMICS |
Kieli: | eng |
Tiivistelmä: | The article examines requirements tying of a competitively supplied good to a monopolized good. It expands the set of market conditions in which this instrument is known to be profitable. With heterogeneous, privately informed buyers, a firm can profit by tying two goods even when the demands for the goods are price-independent -- providing the demands are stochastically dependent. The authors investigate the profitability of tying as a response to stochastic demand, as well as the effects of tying on prices and the extent of the market served. |
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