Abstract
This paper investigates efficiency properties of profit-maximizing non-linear outlay schedules. It demonstrates that some well-known efficiency characteristics of the profit-maximizing non-linear outlay schedule may not continue to hold when the single-crossing condition is relaxed.
Original language | English |
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Pages (from-to) | 364-366 |
Journal | Economics Letters |
Volume | 99 |
Issue number | 2 |
DOIs | |
Publication status | Published - 2008 |
Subject classification (UKÄ)
- Economics
Free keywords
- efficiency
- non-linear pricing
- monopoly