Abstract
When consumers' willingness-to-pay increases by a uniform amount, the change in the resulting monopoly price is generally indeterminate. Our analysis identifies sufficient conditions on the underlying demand curve which predict both the sign and the magnitude of the resulting price change.
Full Citation
Baldenius, Tim, Stefan Reichelstein, and Savita Sahay. “Comparative Statics of Monopoly Pricing.”
Economic Theory
vol. 16,
(January 01, 2000): 465-469.