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Luck Out or Outpay? Competing with a Public Option

econ.TH · 2025-07-17 · unverdicted · novelty 5.0

A monopolist facing a free capacity-constrained public option restricts its own output to induce rationing and extract higher payments, with derived conditions under which public capacity expansion benefits all consumer types.

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  • Luck Out or Outpay? Competing with a Public Option econ.TH · 2025-07-17 · unverdicted · none · ref 12

    A monopolist facing a free capacity-constrained public option restricts its own output to induce rationing and extract higher payments, with derived conditions under which public capacity expansion benefits all consumer types.