Coase conjecture
id:
coase-conjecture-292-7541564
title:
Coase conjecture
text:
The Coase conjecture, developed first by Ronald Coase, is an argument in monopoly theory. The conjecture sets up a situation in which a monopolist sells a durable good to a market where resale is impossible and faces consumers who have different valuations. The conjecture proposes that a monopolist that does not know individuals' valuations will have to sell its product at a low price if the monopolist tries to separate consumers by offering different prices in different periods. This is because
brand slug:
wiki
category slug:
encyclopedia
description:
Monopoly pricing model
original url:
https://en.wikipedia.org/wiki/Coase_conjecture
date created:
date modified:
2024-02-16T21:09:59Z
main entity:
{"identifier":"Q1104339","url":"https://www.wikidata.org/entity/Q1104339"}
image:
fields total:
13
integrity:
14