Department   Undergraduate School  , School of Commerce
   Position   Professor
Language English
Publication Date 2014/02
Type Academic Journal
Peer Review Peer reviewed
Title "Double Marginalization and Cost Pass-Through: Weyl-Fabinger and Cowan Meet Spengler and Bresnahan-Reiss", Economics Letters
Contribution Type Co-authored (other than first author)
Journal Economics Letters
Journal TypeAnother Country
Publisher Elsevier
Volume, Issue, Page 122(2),pp.170-175
Author and coauthor Takanori Adachi and Takeshi Ebina
Details Consider the classical double marginalization problem of single-product successive monopolies. We show that the ratio of the cost pass-through at the final sale relative to that at the wholesale level is characterized by the curvature of inverse demand in the final market. We also apply Cowan's (2012) method, which utilizes the idea of pass-through in an analysis of third-degree price discrimination, to compare consumer surplus under vertical integration and separation.
URL for researchmap https://researchmap.jp/ebinatakeshi2010/