Price ceilings in competitive markets with variable quality
Price ceilings in competitive markets with variable quality
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质量参差不齐的竞争市场中的价格上限
DOI：
10.1016/0047-2727(83)90069-5
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发表时间：
1983
期刊：
影响因子：
--
通讯作者：
N. Raymon
中科院分区：
文献类型：
--
作者：
N. Raymon
本文分析了价格上限对竞争性商品市场的影响，该市场产生了公用事业承担的特征。家居特色化生产技术是线性的。企业在生产特征的数量和总量上都具有U型成本曲线。从本质上讲，市场是通过(均衡)享乐价格出清的。享乐价格的上涨是对产出价格上限导致的过剩需求缺口的回应，将市场从无约束均衡带入有约束均衡。价格上限还会导致质量下降、消费者福利下降，并在当地导致生产者福利的上升。
This paper analyzes the impact of a price ceiling on a competitive market for a good which yields a utility-bearing characteristic. The household characteristic-producing technology is linear. Firms have U-shaped cost curves in quantity and in total amount of characteristic produced. Essentially, the market is cleared by an (equilibrium) hedonic price. The hedonic price rises in response to the excess demand gap induced by a ceiling on output price, bringing the market from an unconstrained equilibrium into a constrained equilibrium. A price ceiling also leads to a fall in quality, a fall in consumer welfare, and locally a rise in producer welfare.
影响因子：
8.2
作者：
ROSEN, S
通讯作者：
ROSEN, S