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Neutrality of third-degree price discrimination

International Review of Economics Education, 2021
Abstract This note shows that compared to uniform pricing, third-degree price discrimination can be neutral. For linear demands, having all price intercepts of submarkets’ inverse demands to be the same is the necessary and sufficient condition for third-degree price discrimination to be neutral.
Yong Chao, Babu Nahata
openaire   +2 more sources

Monopolistic third-degree price discrimination, customer’s patience and welfare

Journal of Economics
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Xingtang Wang
openaire   +2 more sources

Third‐Degree Price Discrimination With Interdependent Demands

The Journal of Industrial Economics, 1998
This paper analyzes the price, output, and welfare effects of third‐degree price discrimination for a monopolist who sells in two interdependent markets. The case where the two goods sold by the monopolist are complements is analyzed as well as the more typical case where the two goods are substitutes.
S. K. Layson
openaire   +2 more sources

Measuring the effects of tourists’ relative willingness to spend and third-degree price discrimination on inbound tourism expenditure differentials

Tourism Economics, 2021
Tourism expenditures are determined by a set of antecedents that reflect tourists’ willingness and ability to spend, and de facto incremental monetary outlays at which willingness and ability is transformed into total expenditures.
Usamah F. Alfarhan   +4 more
semanticscholar   +1 more source

Third-degree price discrimination in oligopoly with endogenous input costs

International Journal of Industrial Organization, 2021
This paper examines the output effect of third-degree price discrimination in symmetrically differentiated oligopoly. We find that when the sellers’ input costs are chosen endogenously by an upstream supplier with market power, as opposed to being fixed ...
Jeanine Miklós-Thal, G. Shaffer
semanticscholar   +1 more source

Teaching Third-Degree Price Discrimination

The Journal of Economic Education, 2006
Abstract: Third-degree price discrimination is taught in almost every intermediate microeconomics class. The theory, geometry, and the algebra behind the concept are simple, and the phenomenon is commonly associated with the sale of many of the goods and services used frequently by students.
David K. Round, Ron P. Mclver
openaire   +2 more sources

Third-Degree Price Discrimination with Buyer Power

The B.E. Journal of Economic Analysis & Policy, 2009
Abstract This paper introduces a model of third-degree price discrimination where a seller's pricing power is constrained by buyers' outside options. Price uniformity performs more efficiently than discriminatory pricing, as uniform pricing allows weaker buyers to exploit the more attractive outside option of stronger buyers.
Inderst, R, VALLETTI, TOMMASO MARIA
openaire   +3 more sources

Improving revenue performance with third-degree price discrimination in the cruise industry

, 2020
The leisure cruise industry has enjoyed high levels of growth for nearly five decades due in part to traveler interest in the cruise experience, but also to relatively lower pricing.
Aidin Namin   +2 more
semanticscholar   +1 more source

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