Excessive Pricing
Publikation: Bidrag til bog/antologi/rapport › Encyclopædiartikel › Forskning › fagfællebedømt
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Excessive Pricing. / Kianzad, Behrang.
Encyclopedia of Law and Economics. red. / Alain Marciano; Giovanni Battista Ramello. New York, NY : Springer New York, 2021.Publikation: Bidrag til bog/antologi/rapport › Encyclopædiartikel › Forskning › fagfællebedømt
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TY - ENCYC
T1 - Excessive Pricing
AU - Kianzad, Behrang
PY - 2021
Y1 - 2021
N2 - Excessive Pricing categorizes a situation where a dominant undertaking, often a legal monopolist, is able to reap supra-competitive profits, not being sufficiently challenged by normal forces of competition. The supra-competitive profits are thought to produce deadweight losses and allocative in-efficiencies as well as harm to consumers in form of undue wealth transfer.
AB - Excessive Pricing categorizes a situation where a dominant undertaking, often a legal monopolist, is able to reap supra-competitive profits, not being sufficiently challenged by normal forces of competition. The supra-competitive profits are thought to produce deadweight losses and allocative in-efficiencies as well as harm to consumers in form of undue wealth transfer.
U2 - 10.1007/978-1-4614-7883-6_773-1
DO - 10.1007/978-1-4614-7883-6_773-1
M3 - Encyclopedia chapter
SN - 9781461478836
BT - Encyclopedia of Law and Economics
A2 - Marciano, Alain
A2 - Ramello, Giovanni Battista
PB - Springer New York
CY - New York, NY
ER -
ID: 281990891