STRATEGIC EFFECTS OF THREE-PART TARIFFS UNDER OLIGOPOLY

• 成果类型: Article
• 署名作者: Chao, Yong
• 署名单位: University of Louisville
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.12025
• 发表日期: 2013
• 页码: 977-1015
• 关键词: price; discounts; CONTRACTS

摘要

The distinct element of a three-part tariff (3PT), compared with linear pricing (LP) or a two-part tariff, is its quantity target within which the marginal price is zero. This quantity target instrument enriches the firm's strategy set in dictating the competition to a specific level, even in the absence of a usual price discrimination motive. With general differentiated linear demands, the competitive effect of a 3PT in contrast to LP depends on the degree of substitutability between products: Competition is intensified when two products are more differentiated, yet softened when two products are more substitutable.