Comparative statics of monopoly pricing

Tim Baldenius () and Stefan Reichelstein
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Tim Baldenius: Graduate School of Business, Columbia University, New York, NY 10027, USA

Economic Theory, 2000, vol. 16, issue 2, 465-469

Abstract: When consumers' willingness-to-pay increases by a uniform amount, the change in the resulting monopoly price is generally indeterminate. Our analysis identifies sufficient conditions on the underlying demand curve which predict both the sign and the magnitude of the resulting price change.

Keywords: Monopoly pricing; Comparative statics; Log-concavity. (search for similar items in EconPapers)
JEL-codes: D42 L12 (search for similar items in EconPapers)
Date: 2000-07-14
Note: Received: 22 April 1998; revised version: 29 March 1999
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Citations: View citations in EconPapers (7)

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