Matches in SemOpenAlex for { <https://semopenalex.org/work/W3123417042> ?p ?o ?g. }
Showing items 1 to 83 of
83
with 100 items per page.
- W3123417042 abstract "Critics of current tying doctrine argue that metering ties can increase consumer welfare and total welfare without increasing output and that they generally increase both welfare measures. Contrary to those claims, we prove that metering ties always lower both consumer welfare and total welfare unless they increase capital good output. We further show that under market conditions we argue are realistic (which include a lognormal distribution of usage rates that are independently distributed from per-usage valuations), metering ties always harm consumer welfare, even when output increases. Whether metering ties raise or lower total welfare depends on the dispersion of desired usage, the cost structure, and the dissipation of profits caused by metering. For realistic cost values, metering ties will reduce total welfare if the dispersion in desired usage of the metered good is below 0.62. (For comparison, 0.74 is the dispersion of income in the United States.) If 5% of metering profits are dissipated, metering will reduce total welfare for all cost levels unless the dispersion in desired usage exceeds 150% of the dispersion of income in the United States (JEL Codes: C72, K21, L12, L40, L41, L42)" @default.
- W3123417042 created "2021-02-01" @default.
- W3123417042 creator A5028297557 @default.
- W3123417042 creator A5076915698 @default.
- W3123417042 date "2016-10-22" @default.
- W3123417042 modified "2023-09-24" @default.
- W3123417042 title "The Welfare Effects of Metering Ties" @default.
- W3123417042 cites W1504511151 @default.
- W3123417042 cites W1554979683 @default.
- W3123417042 cites W1990117446 @default.
- W3123417042 cites W2045260708 @default.
- W3123417042 cites W2086071535 @default.
- W3123417042 cites W2096733762 @default.
- W3123417042 cites W2100855404 @default.
- W3123417042 cites W2136431797 @default.
- W3123417042 cites W2153032228 @default.
- W3123417042 cites W244799353 @default.
- W3123417042 cites W298671964 @default.
- W3123417042 doi "https://doi.org/10.1093/jleo/eww012" @default.
- W3123417042 hasPublicationYear "2016" @default.
- W3123417042 type Work @default.
- W3123417042 sameAs 3123417042 @default.
- W3123417042 citedByCount "1" @default.
- W3123417042 countsByYear W31234170422020 @default.
- W3123417042 crossrefType "journal-article" @default.
- W3123417042 hasAuthorship W3123417042A5028297557 @default.
- W3123417042 hasAuthorship W3123417042A5076915698 @default.
- W3123417042 hasBestOaLocation W31234170421 @default.
- W3123417042 hasConcept C100001284 @default.
- W3123417042 hasConcept C100243477 @default.
- W3123417042 hasConcept C120665830 @default.
- W3123417042 hasConcept C121332964 @default.
- W3123417042 hasConcept C127413603 @default.
- W3123417042 hasConcept C162324750 @default.
- W3123417042 hasConcept C175444787 @default.
- W3123417042 hasConcept C177562468 @default.
- W3123417042 hasConcept C2780938662 @default.
- W3123417042 hasConcept C30905978 @default.
- W3123417042 hasConcept C34447519 @default.
- W3123417042 hasConcept C556758197 @default.
- W3123417042 hasConcept C78519656 @default.
- W3123417042 hasConceptScore W3123417042C100001284 @default.
- W3123417042 hasConceptScore W3123417042C100243477 @default.
- W3123417042 hasConceptScore W3123417042C120665830 @default.
- W3123417042 hasConceptScore W3123417042C121332964 @default.
- W3123417042 hasConceptScore W3123417042C127413603 @default.
- W3123417042 hasConceptScore W3123417042C162324750 @default.
- W3123417042 hasConceptScore W3123417042C175444787 @default.
- W3123417042 hasConceptScore W3123417042C177562468 @default.
- W3123417042 hasConceptScore W3123417042C2780938662 @default.
- W3123417042 hasConceptScore W3123417042C30905978 @default.
- W3123417042 hasConceptScore W3123417042C34447519 @default.
- W3123417042 hasConceptScore W3123417042C556758197 @default.
- W3123417042 hasConceptScore W3123417042C78519656 @default.
- W3123417042 hasLocation W31234170421 @default.
- W3123417042 hasLocation W31234170422 @default.
- W3123417042 hasLocation W31234170423 @default.
- W3123417042 hasOpenAccess W3123417042 @default.
- W3123417042 hasPrimaryLocation W31234170421 @default.
- W3123417042 hasRelatedWork W1501139099 @default.
- W3123417042 hasRelatedWork W1576360705 @default.
- W3123417042 hasRelatedWork W1589858824 @default.
- W3123417042 hasRelatedWork W1981818399 @default.
- W3123417042 hasRelatedWork W2063519344 @default.
- W3123417042 hasRelatedWork W2067446494 @default.
- W3123417042 hasRelatedWork W2080595465 @default.
- W3123417042 hasRelatedWork W2104754755 @default.
- W3123417042 hasRelatedWork W2182132178 @default.
- W3123417042 hasRelatedWork W2265996103 @default.
- W3123417042 hasRelatedWork W2324337256 @default.
- W3123417042 hasRelatedWork W2910146856 @default.
- W3123417042 hasRelatedWork W2913255361 @default.
- W3123417042 hasRelatedWork W2917477738 @default.
- W3123417042 hasRelatedWork W2954937839 @default.
- W3123417042 hasRelatedWork W3122980030 @default.
- W3123417042 hasRelatedWork W3123378199 @default.
- W3123417042 hasRelatedWork W3123397542 @default.
- W3123417042 hasRelatedWork W3125750368 @default.
- W3123417042 hasRelatedWork W3211847341 @default.
- W3123417042 isParatext "false" @default.
- W3123417042 isRetracted "false" @default.
- W3123417042 magId "3123417042" @default.
- W3123417042 workType "article" @default.