Learn how discriminating monopolies charge different consumer prices, maximize profit through pricing strategies, and explore examples illustrating their market impact.
If it seems like every time we turn around our utility bills are going up, it’s because they are — and not because of inflation. Arizona’s monopoly utilities, which are not subject to free market ...
As the gathering of the global elites at the annual World Economic Forum meeting in Davos, Switzerland gets underway, the international aid agency Oxfam has published a devastating report on the ...
Empirical evidence is scarce on whether firms set profit-maximizing prices, as these typically depend delicately on details of difficult-to-observe strategic interactions. To avoid this problem, this ...
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