On Condorelli inequality for log-concave demand

Qingyun Gui and Yi C. Huang

Economics Letters, 2022, vol. 215, issue C

Abstract: In this note we give a simple and direct proof of Condorelli’s lower-bound on monopoly profit for log-concave demand, that is, a monopolist obtains at least 1/e of the area under the log-concave demand.

Keywords: Monopoly profit; Log-concave demand; Grünbaum inequalities (search for similar items in EconPapers)
JEL-codes: D42 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:215:y:2022:i:c:s0165176522001288

DOI: 10.1016/j.econlet.2022.110502

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