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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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Official URL: https://doi.org/10.1016/j.econlet.2021.110178

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Abstract

If demand is log-concave, then a monopolist obtains at least of the area under the demand.

Item Type: Journal Article
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
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:
DateEvent
3 January 2022Published
1 December 2021Available
17 November 2021Accepted
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
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