Econ Papers Daily / 期刊论文
价格欺诈与垄断选择
Price Gouging and the Monopoly Option*
摘要
We investigate a dynamic oligopoly model with two phases: a normal phase where an essential input is available, and a disruption phase where firms must rely on inventories. Disruptions create an overcutting pricing incentive arising from the option to forgo sales and monopolize the market once rivals stock out.