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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7379 |
DP7379 On the Equivalence of Location Choice Models: Conditional Logit, Nested Logit and Poisson | |
Marius Brülhart; Kurt Schmidheiny | |
发表日期 | 2009-07-26 |
出版年 | 2009 |
语种 | 英语 |
摘要 | We propose a simple theory of predatory pricing, based on scale economies and sequential buyers (or markets). The entrant (or prey) needs to reach a critical scale to be successful. The incumbent (or predator) is ready to make losses on earlier buyers so as to deprive the prey of the scale it needs, thus making monopoly profits on later buyers. Several extensions are considered, including markets where scale economies exist because of demand externalities or two-sided market effects, and where markets are characterised by common costs. Conditions under which predation may take place in actual cases are also discussed. |
主题 | Industrial Organization |
关键词 | Anticompetitive behaviour Antitrust Below-cost pricing Exclusion |
URL | https://cepr.org/publications/dp7379 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536216 |
推荐引用方式 GB/T 7714 | Marius Brülhart,Kurt Schmidheiny. DP7379 On the Equivalence of Location Choice Models: Conditional Logit, Nested Logit and Poisson. 2009. |
条目包含的文件 | 条目无相关文件。 |
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