EconPapers    
Economics at your fingertips  
 

Regulating a Monopolist with unknown costs and unknown quality capacity

Charles Blackorby and Dezsoe Szalay ()

No 269856, Economic Research Papers from University of Warwick - Department of Economics

Abstract: We study the regulation of a firm with unknown demand and cost information. In contrast to previous studies, we assume demand is influenced by a quality choice, and the firm has private information about its quality capacity in addition to its cost. Under natural conditions, asymmetric information about the quality capacity is irrelevant. The optimal pricing is weakly above marginal costs for all types and no type is excluded.

Keywords: Agricultural and Food Policy; Industrial Organization (search for similar items in EconPapers)
Date: 2008-06-24
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://ageconsearch.umn.edu/record/269856/files/twerp_858.pdf (application/pdf)
http://ageconsearch.umn.edu/record/269856/files/twerp_858.pdf?subformat=pdfa (application/pdf)

Related works:
Working Paper: Regulating a Monopolist with unknown costs and unknown quality capacity (2008) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uwarer:269856

DOI: 10.22004/ag.econ.269856

Access Statistics for this paper

More papers in Economic Research Papers from University of Warwick - Department of Economics
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2019-10-20
Handle: RePEc:ags:uwarer:269856