Keyword: entry

Aerial Predators? (6/22/2001)

Are major airlines that temporarily lower their fares to squeeze out their low-fare niche-market startup competitors guilty of predatory pricing?

Keywords: aerial predators, American Airlines, antitrust, antitrust law, average variable cost, entrants, entry, fixed costs, leader, marginal cost, monopoly, network, predatory pricing, rivals

Maximization and Optimization at the Margin (7/7/2006)

Optimizing at the margin can bring about static economic efficiency.

Keywords: average benefit, entry, margin, marginal benefit, marginal cost, marginal revenue, Maximization, MB, MC, MR, optimization, pollution, profit, single pricing, tragedy of the commons