Multiproduct pricing made simple

We study multiproduct firms in the contexts of unregulated monopoly, regulated monopoly, and Cournot oligopoly. Using the concept of consumer surplus as a function of quantities (rather than prices), we present simple formulas for optimal prices and show that Cournot equilibrium exists and correspon...

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Bibliographic Details
Main Authors: Armstrong, M, Vickers, J
Format: Journal article
Published: University of Chicago Press 2018