Journal title STUDI ECONOMICI
Author/s Italo Magnani
Publishing Year 2016 Issue 2015/115
Language Italian Pages 56 P. 5-60 File size 194 KB
DOI 10.3280/STE2015-115001
DOI is like a bar code for intellectual property: to have more infomation
click here
Below, you can see the article first page
If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits
FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.
"Monopoly of Durable Goods": Coase vs. Pantaleoni This paper addresses certain issues of priority about the monopoly of durable goods. It argues that Maffeo Pantaleoni was the first scholar to address the topic: the monopolist has the possibility and convenience to sell the whole stock of durable goods he owns by applying a policy of price discrimination. It is worth noticing that Coase, similarly to Pantaleoni, recognises that the monopoly of durable goods sells the entire stock he owns. Nevertheless, on the other hand, he also denies that price discrimination can be pursued. As argued by this paper, Coase’s argument suffers of important flaws and, from certain points of view, is also contradictory. Moreover, in spite of the good it contains, his argument came after many decades since Pantaleoni understood the specificity of the question, addressed it convincingly, and wrote on it.
Keywords: Durable goods, Monopoly, Price discrimination, Ronald Coase, Maffeo Pantaleoni
Jel codes: B00
Italo Magnani, Monopolio di beni durevoli: coase e pantaleoni a confronto in "STUDI ECONOMICI " 115/2015, pp 5-60, DOI: 10.3280/STE2015-115001