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    • University of Missouri-Columbia
    • College of Agriculture, Food and Natural Resources (MU)
    • Division of Applied Social Sciences (MU)
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    • Economics and Management of Agrobiotechnology Center (MU)
    • AgBioForum (Journal)
    • AgBioForum, vol. 08, no. 2 & 3 (2005)
    • View Item
    •   MOspace Home
    • University of Missouri-Columbia
    • College of Agriculture, Food and Natural Resources (MU)
    • Division of Applied Social Sciences (MU)
    • Department of Agricultural Economics (MU)
    • Economics and Management of Agrobiotechnology Center (MU)
    • AgBioForum (Journal)
    • AgBioForum, vol. 08, no. 2 & 3 (2005)
    • View Item
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    Monopoly Power, Price Discrimination, and Access to Biotechnology Innovations

    Acquaye, Albert K. A.
    Traxler, Greg (Gregory J.)
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    [PDF] Monopoly power price discrimination.pdf (226.3Kb)
    Date
    2005
    Format
    Article
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    Abstract
    Price discrimination and monopoly power in the provision of an intellectual property (IP) protected innovation are analyzed. A general analytical model parameterized with data from the US introduction of Bt cotton is used to examine welfare transfers from the imposition of price discrimination. When two markets are being served under a one-price policy, total welfare increases from price discrimination because monopolist gains exceed farmer losses. If only one market is being served under a one-price policy, farmers in the new market and the innovator gain, while farmer welfare in the existing market is unchanged.
    URI
    http://hdl.handle.net/10355/115
    Citation
    AgBioForum, 8(2&3): 127-133.
    Rights
    OpenAccess.
    This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.
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    • AgBioForum, vol. 08, no. 2 & 3 (2005)

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