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Simple Monopoly Price Theory in a Spatial Market


  • 研討會日期 : 2002-08-20
  • 時間 : 15:00
  • 主講人 : 許松根教授
  • 地點 : B棟110室
  • 演講者簡介 : 許松根教授為Ph.D. in Economics,University of Pennsylvania。 現為淡江大學產經系教授及本所兼任研究員。 其主要研究領域為產業經濟與政策 區域經濟、計量經濟、台灣的工業與經濟發展。
  • 演講摘要 : There is more than one price policy in the spatial market, mainly because the shipment of a product is costly, and buyers are dispersed over space. The first attempt to examine the effect of alternative spatial price polices in the literature is made by Smithies (1941), whose well-known conclusion hereupon is that the firm's choice etween alternative price policies depends on the shape of consumer demand. However, it is worthy pointing out that there is one assumption imposed by Smithies (1941) and has customarily been adopted by subsequent studies, namely, the fixed market area assumption under which the market area is exogenously determined and same under alternative price policies. This paper attempt to provide a comprehensive and systematic exploration of the firm's choices and resultant economic benefits under alternative simply price policies in a spatial market in which among others, the market area is variable. We show that the firm serves the same market area under simple price policies if and only if demand is linear, and the market area must be smaller (larger) under mill price than uniform price when demand is convex (concave), that is, when demand is nonlinear, the space actually served by a firm canno et area assumption, some conclusions obtained by Beckmann