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A NOTE ON RAMSEY PRICING – DO RAMSEY PRICES EXCEED MARGINAL COSTS?

Ming Chung ChangTo-Han Chang

2001經濟論文Economics, Econometrics and Finance被引 3

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摘要

This paper establishes sets of sufficient conditions which guarantee that Ramsey prices exceed their corresponding marginal costs. In the literature, it is known that gross substitutabilities between the goods produced by the monopolist tend to raise their markup rates. Therefore, one might conjecture that the gross substitutabilities can guarantee that Ramsey prices exceed their marginal costs. Among others, it is established that the above conjecture holds under additional conditions.

引用本文(GB/T 7714)

Ming Chung Chang, To-Han Chang. A NOTE ON RAMSEY PRICING – DO RAMSEY PRICES EXCEED MARGINAL COSTS?[J]. 經濟論文, 2001.

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DOI:https://doi.org/10.29628/aep.200109.0002

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