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Bertrand Wettbewerb im Raum kann zu höheren Preisen führen als ein Monopol

Author

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  • Helge Sanner

Abstract

If we take into account the spatial dimension of markets, prices of incumbent firms may be higher, and consumer surplus may be lower with competition. This result obtains unambiguously, even in the highly competitive case of Bertrand competition. In Mikro- und Industrieökonomik ist scheinbar gewiss, dass Wettbewerb zu niedrigeren Preisen führt und dass Konsumenten von Wettbewerb profitieren, während die etablierten Unternehmen einen Nachteil erleiden. Dieser Beitrag verwendet ein raumwirtschaftliches Standardmodell, um zu zeigen, dass dies nicht immer so ist. Der Grund ist, dass durch den Marktzutritt gerade die Konsumenten, deren Preiselastizität am größten ist, von dem Unternehmen bei der Preisbildung nicht berücksichtigt werden.

Suggested Citation

  • Helge Sanner, 2005. "Bertrand Wettbewerb im Raum kann zu höheren Preisen führen als ein Monopol," Volkswirtschaftliche Diskussionsbeiträge 75, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät.
    • Handle: RePEc:pot:vwldis:75
    Note: An English version of the paper is available on request from the author
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    File URL: http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-14251
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    References listed on IDEAS

    as
    1. Perloff, Jeffrey M. & Suslow, Valerie Y. & Seguin, Paul J., 1995. "Higher Prices from Entry: Pricing of Brand-Name Drugs," Competition Policy Center, Working Paper Series qt75g4k1nt, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    2. Capozza, Dennis R & Van Order, Robert, 1978. "A Generalized Model of Spatial Competition," American Economic Review, American Economic Association, vol. 68(5), pages 896-908, December.
    3. Steven C. Salop, 1979. "Monopolistic Competition with Outside Goods," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 141-156, Spring.
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    Cited by:

    1. Klaus Schöler, 2007. "Gibt es eine optimale Stadtgröße?," Volkswirtschaftliche Diskussionsbeiträge 89, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät.

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    More about this item

    Keywords

    Monopoly; Spatial competition; Consumer surplus;
    All these keywords.

    JEL classification:

    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis

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