北大微观经济学课件(英文版)Ch25MonopolyBehavior (2)-(精品课件).pptVIP

* 中级微观经济学 Third-degree Price Discrimination So Therefore, only if The monopolist sets the higher price in the market where demand is least own-price elastic. * 中级微观经济学 Two-Part Tariffs A two-part tariff is a lump-sum fee, p1, plus a price p2 for each unit of product purchased. Thus the cost of buying x units of product is p1 + p2x. * 中级微观经济学 Two-Part Tariffs Should a monopolist prefer a two-part tariff to uniform pricing, or to any of the price-discrimination schemes discussed so far? If so, how should the monopolist design its two-part tariff? * 中级微观经济学 Two-Part Tariffs p1 + p2x Q: What is the largest that p1 can be? * 中级微观经济学 Two-Part Tariffs p1 + p2x Q: What is the largest that p1 can be? A: p1 is the “entrance fee” so the largest it can be is the surplus the buyer gains from entering the market. Set p1 = CS and now ask what should be p2? * 中级微观经济学 Two-Part Tariffs p(y) y $/output unit MC(y) Should the monopolistset p2 above MC? * 中级微观经济学 Two-Part Tariffs p(y) y $/output unit CS Should the monopolistset p2 above MC?p1 = CS. MC(y) * 中级微观经济学 Two-Part Tariffs p(y) y $/output unit CS Should the monopolistset p2 above MC?p1 = CS.PS is profit from sales. MC(y) PS * 中级微观经济学 Two-Part Tariffs p(y) y $/output unit CS Should the monopolistset p2 above MC?p1 = CS.PS is profit from sales. MC(y) PS Total profit * 中级微观经济学 Two-Part Tariffs p(y) y $/output unit Should the monopolistset p2 = MC? MC(y) * 中级微观经济学 Two-Part Tariffs p(y) y $/output unit Should the monopolistset p2 = MC?p1 = CS. CS MC(y) * 中级微观经济学 Two-Part Tariffs p(y) y $/output unit Should the monopolistset p2 = MC?p1 = CS.PS is profit from sales. MC(y) CS PS * 中级微观经济学 Two-Part Tariffs p(y) y $/output unit Should the monopolistset p2 = MC?p1 = CS.PS is profit from sales. MC(y) CS Total profit PS * 中级微观经济学 Two-Part Tariffs p(y) y $/output unit Should the monopolistset p2 = MC?p1 = CS.PS is profit from sales. MC(y) CS PS * 中级微观经济学 Two-Part Tariffs p(y) y $/out