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- W3123758412 abstract "The paper focuses on efficiency under monopoly. Contrary to common wisdom, nine examples given in the paper show that a Pareto-efficient output in monopoly is possible under both linear and nonlinear pricing. Pareto efficiency can be achieved when consumers are homogeneous as well as heterogeneous. Since Pareo-efficiency is possible under different demand and cost conditions; different pricing strategies; and different degree of consumer heterogeneity, in general, monopoly per se is not the cause for ineficiency." @default.
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- W3123758412 date "2003-01-01" @default.
- W3123758412 modified "2023-09-23" @default.
- W3123758412 title "Informational Structure and Effciency in Monopoly" @default.
- W3123758412 hasPublicationYear "2003" @default.
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