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An application of the Beckmann‐Ingene argument to a monopsonist's spatial pricing problem *
Author(s) -
Shieh YeungNan
Publication year - 1999
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/j.1435-5597.1999.tb00747.x
Subject(s) - argument (complex analysis) , beckmann rearrangement , mathematical economics , profit (economics) , profit maximization , proposition , utility maximization , economics , microeconomics , mathematics , epistemology , philosophy , biochemistry , chemistry , medicinal chemistry , oxime
. The purpose of this note is to show that an analogue of the Beckmann‐Ingene proposition on price policies of a spatial monopolist applies to a properly formulated profit maximization problem for a spatial monopsonist. The proof of this fact uses the same linear transformation employed in the Beckmann‐Ingene argument.