All‐units discounts as a partial foreclosure device.

Abstract: We investigate the strategic effects of all‐units discounts (AUDs) used by a dominant firm in the presence of a capacity‐constrained rival. Due to the limited capacity of the rival, the dominant firm has a captive portion of the buyer's demand for the single product. As compared to linear...

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Publicado en:RAND Journal of Economics (Wiley-Blackwell) Vol. 49; no. 1; pp. 155 - 181
Autores principales: Chao, Yong, Tan, Guofu, Wong, Adam Chi Leung
Formato: Artículo
Publicado: Wiley-Blackwell Spring2018
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: All‐units discounts as a partial foreclosure device.
      aug:
        au:
          Chao, Yong
          Tan, Guofu
          Wong, Adam Chi Leung
        affil:
          University of Louisville
          University of Southern California
          Lingnan University
      su:
        European Commission
        Economic demand
        Antitrust law
        Intermediate goods
        Commercial products
      sug:
        subj:
          Economic demand
          European Commission
          Commodity Contracts Dealing
          Commodity Contracts Brokerage
          Antitrust law
          Intermediate goods
          Commercial products
      ab: Abstract: We investigate the strategic effects of all‐units discounts (AUDs) used by a dominant firm in the presence of a capacity‐constrained rival. Due to the limited capacity of the rival, the dominant firm has a captive portion of the buyer's demand for the single product. As compared to linear pricing, the dominant firm can use AUDs to go beyond its captive portion by tying its captive demand with part of the competitive demand and partially foreclose its small rival. When the rival's capacity level is well below relevant demand, AUDs reduce the buyer's surplus.
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    language: English
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