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Stable pricing in multiproduct natural monopoly (in French)

Author

Listed:
  • Vincent Iehlé

    (CERMSEM, University Paris 1)

Abstract

We provide some existence results of stable pricings for natural monopoly as defined in the theory of contestable markets. The main addings are based on the assumption of separated markets and the possibilities of entries. We borrow tools from cooperative game theory. Following the work of Bendali et al. (Revista de Matematicas Aplicadas, 2000), we make full use of parameterized cores of games with side payments to characterize subsidy free and sustainable pricings.

Suggested Citation

  • Vincent Iehlé, 2004. "Stable pricing in multiproduct natural monopoly (in French)," GE, Growth, Math methods 0410011, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpge:0410011
    Note: Type of Document - pdf; pages: 22. in French
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/ge/papers/0410/0410011.pdf
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    More about this item

    Keywords

    natural monopoly; contestable markets; multiproduct firms; sustainability; subsidy free prices.;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies

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