A more general theory of commodity bundling

被引:56
作者
Armstrong, Mark [1 ]
机构
[1] Univ Oxford, Dept Econ, Oxford OX1 3UL, England
关键词
Price discrimination; Bundling; Discrete choice; Oligopoly; Common agency; OLIGOPOLY; MONOPOLY;
D O I
10.1016/j.jet.2012.12.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper discusses the incentive to bundle when consumer valuations are non-additive and/or when products are supplied by separate sellers. Whether integrated or separate, a firm has an incentive to introduce a bundle discount when demand for the bundle is more elastic than the overall demand for products. When separate sellers coordinate on a bundle discount, they can use the discount to relax competition, which can harm welfare. (C) 2012 Elsevier Inc. All rights reserved.
引用
收藏
页码:448 / 472
页数:25
相关论文
共 17 条
[1]   COMMODITY BUNDLING AND BURDEN OF MONOPOLY [J].
ADAMS, WJ ;
YELLEN, JL .
QUARTERLY JOURNAL OF ECONOMICS, 1976, 90 (03) :475-498
[2]  
[Anonymous], [No title captured]
[3]   Multiproduct nonlinear pricing [J].
Armstrong, M .
ECONOMETRICA, 1996, 64 (01) :51-75
[4]  
Brito D., 2010, INTERFIRM BUND UNPUB
[5]  
Calzolari G., 2012, AM EC REV IN PRESS
[6]   Third-degree price discrimination in oligopoly: all-out competition and strategic commitment [J].
Corts, KS .
RAND JOURNAL OF ECONOMICS, 1998, 29 (02) :306-323
[7]  
EASTERBROOK FH, 1986, NOTRE DAME LAW REV, V61, P972
[8]   Paying for loyalty: Product bundling in oligopoly [J].
Gans, JS ;
King, SP .
JOURNAL OF INDUSTRIAL ECONOMICS, 2006, 54 (01) :43-62
[9]   Valuing new goods in a model with complementarity: Online newspapers [J].
Gentzkow, Matthew .
AMERICAN ECONOMIC REVIEW, 2007, 97 (03) :713-744
[10]  
Lewbel A., 1985, International Journal of Industrial Organization, V3, P101, DOI [10.1016/0167-7187(85)90016-5, DOI 10.1016/0167-7187(85)90016-5]