TY - JOUR
T1 - A combined monopoly and optimal packaging
AU - Paroush, Jacob
AU - Peles, Yoram C.
PY - 1981/3
Y1 - 1981/3
N2 - This paper specifies the conditions under which a profit maximizing monopoly will market a package of two different commodities even when the demands for and the cost of production of, each commodity are entirely independent of the other. Packaging is, here, a useful way of implicitly discriminating by price, especially when explicit price discrimination is not possible. Some of the welfare applications are discussed.
AB - This paper specifies the conditions under which a profit maximizing monopoly will market a package of two different commodities even when the demands for and the cost of production of, each commodity are entirely independent of the other. Packaging is, here, a useful way of implicitly discriminating by price, especially when explicit price discrimination is not possible. Some of the welfare applications are discussed.
UR - http://www.scopus.com/inward/record.url?scp=1142264274&partnerID=8YFLogxK
U2 - 10.1016/s0014-2921(81)80008-6
DO - 10.1016/s0014-2921(81)80008-6
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AN - SCOPUS:1142264274
SN - 0014-2921
VL - 15
SP - 373
EP - 383
JO - European Economic Review
JF - European Economic Review
IS - 3
ER -