The Political Economy of Environmental Policy with Overlapping Generations
In: International Economic Review, Band 55, Heft 3, S. 711-733
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In: International Economic Review, Band 55, Heft 3, S. 711-733
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Working paper
In: The Canadian Journal of Economics, Band 25, Heft 2, S. 294
In: Working Paper, No. 10
World Affairs Online
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In: The B.E. journal of economic analysis & policy, Band 13, Heft 2, S. 595-626
ISSN: 1935-1682
Abstract
An upstream monopoly that provides a new good to a downstream oligopoly might prefer to sell to a single rather than to multiple downstream firms. For example, Apple initially sold its iPhone through one vendor. If a monopoly uses a single vendor, the government may impose a mandatory universal distribution (MUD) requirement that forces the monopoly to sell to all downstream vendors. However, if the income elasticity of demand for the new good is greater than the income elasticity of the existing generic good, the MUD requirement leads to a higher equilibrium price for both the new good and the generic and lowers consumer welfare.
In: International Economic Review, 2013
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Working paper
In: World Bank Policy Research Working Paper No. 6238
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Working paper
In: The Rand journal of economics, Band 27, Heft 2, S. 346
ISSN: 1756-2171
In: International review of law and economics, Band 13, Heft 2, S. 163-177
ISSN: 0144-8188
In: Environmental and resource economics, Band 3, Heft 1, S. 97-106
ISSN: 1573-1502
In: Journal of development economics, Band 35, Heft 1, S. 49-67
ISSN: 0304-3878
World Affairs Online
In: Journal of development economics, Band 35, Heft 1, S. 49-67
ISSN: 0304-3878