Research output: Contribution to journal › Article › peer-review
Monopolistic competition model with entrance fee. / Tilzo, Olga A.
In: Ural Mathematical Journal, Vol. 8, No. 1, 10, 2022, p. 117-127.Research output: Contribution to journal › Article › peer-review
}
TY - JOUR
T1 - Monopolistic competition model with entrance fee
AU - Tilzo, Olga A.
N1 - Funding Information: The author thanks scientific supervisor I.A. Bykadorov for helpful discussions. The study was partially carried out within the framework of the state assignments of the Sobolev Institute of Mathematics SB RAS (project FWNF-2022-0019). Publisher Copyright: © 2022, Krasovskii Institute of Mathematics and Mechanics. All rights reserved.
PY - 2022
Y1 - 2022
N2 - We study the monopolistic competition model with producer-retailer-consumers two-level inter-action. The industry is organized according to the Dixit–Stiglitz model. The retailer is the only monopolist. A quadratic utility function represents consumer preferences. We consider the case of the retailer’s leadership; namely, we study two types of behavior: with and without the free entry condition. Earlier, we obtained the result: to increase social welfare and/or consumer surplus, the government needs to subsidize (not tax!) retail-ers. In the presented paper, we develop these results for the situation when the producer imposes an entrance fee for retailers.
AB - We study the monopolistic competition model with producer-retailer-consumers two-level inter-action. The industry is organized according to the Dixit–Stiglitz model. The retailer is the only monopolist. A quadratic utility function represents consumer preferences. We consider the case of the retailer’s leadership; namely, we study two types of behavior: with and without the free entry condition. Earlier, we obtained the result: to increase social welfare and/or consumer surplus, the government needs to subsidize (not tax!) retail-ers. In the presented paper, we develop these results for the situation when the producer imposes an entrance fee for retailers.
KW - Consumer surplus
KW - Entrance fee
KW - Equilibrium
KW - Monopolistic competition
KW - Retailing
KW - Social welfare
KW - Taxation
UR - http://www.scopus.com/inward/record.url?scp=85135186374&partnerID=8YFLogxK
UR - https://www.elibrary.ru/item.asp?id=49240248
U2 - 10.15826/umj.2022.1.010
DO - 10.15826/umj.2022.1.010
M3 - Article
AN - SCOPUS:85135186374
VL - 8
SP - 117
EP - 127
JO - Ural Mathematical Journal
JF - Ural Mathematical Journal
SN - 2414-3952
IS - 1
M1 - 10
ER -
ID: 36743842