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A lower-bound on monopoly profit for log-concave demand
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Condorelli, Daniele (2022) A lower-bound on monopoly profit for log-concave demand. Economics Letters, 210 . 110178. doi:10.1016/j.econlet.2021.110178 ISSN 0165-1765.
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WRAP-A-lower-bound-monopoly-pro-t-log-concave-demand-2021.pdf - Accepted Version - Requires a PDF viewer. Available under License Creative Commons Attribution Non-commercial No Derivatives 4.0. Download (412Kb) | Preview |
Official URL: https://doi.org/10.1016/j.econlet.2021.110178
Abstract
If demand is log-concave, then a monopolist obtains at least of the area under the demand.
| Item Type: | Journal Article | ||||||||
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| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor |
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| Divisions: | Faculty of Social Sciences > Economics | ||||||||
| Library of Congress Subject Headings (LCSH): | Monopolies, Concave functions, Profit, Microeconomics, Management games | ||||||||
| Journal or Publication Title: | Economics Letters | ||||||||
| Publisher: | Elsevier | ||||||||
| ISSN: | 0165-1765 | ||||||||
| Official Date: | 3 January 2022 | ||||||||
| Dates: |
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| Volume: | 210 | ||||||||
| Article Number: | 110178 | ||||||||
| DOI: | 10.1016/j.econlet.2021.110178 | ||||||||
| Status: | Peer Reviewed | ||||||||
| Publication Status: | Published | ||||||||
| Access rights to Published version: | Open Access (Creative Commons) | ||||||||
| Date of first compliant deposit: | 22 November 2021 | ||||||||
| Date of first compliant Open Access: | 1 June 2023 | ||||||||
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