研討日期

202153日上午10:20~ 12:30

研討地點

國立臺灣大學710討論室

主講題目

Title of the paper

Social efficiency of entry and the implications of two part tariff in a vertical structure

作者

Authors of the paper

Yen Ju Lin

文獻出處

Journal, vol.(issue), pp

Working paper

主講人

林晏如

參加人員

林晏如、林燕淑、施全、梁文榮、張瑞雲、彭正浩、黃鴻、丁虹仁、Damiana SimanjuntakDong Van ChungSuwannaja Sultiwan、陳彥勲、林虢楙、Bui Dang Long

摘要

Abstract of the paper

We analyze a Cournot oligopoly downstream market that produces a homogeneous product and incorporates vertical relationships when outsourcing input production to an external supplier is a feasible option. We demonstrate that the free entry is socially excessive when there is in house input production providing a justification for apparently anticompetitive entry regulations. However, our finding yields an important policy implication, given that entry regulations have often been imposed on industries, such a justification is not necessarily valid when the outsourcing occurs We show that t he incumbent can practice input outsourcing through the two part tariff as a tool to deter the entry of the entrants, leading socially insufficient as the external supplier is more efficient. Moreover, we also find that there is socially insufficient when the entry cost is sufficiently low Our result spotlights the two part tariff pricing can have crucial ramifications for the attainment of procompetitive welfare effect for free entry.