Results 11 to 20 of about 360,358 (247)
Limit pricing under third-degree price discrimination [PDF]
This paper shows how a multimarket incumbent can use low pre-entry prices for entry deterrence. We consider an incumbent who operates in two independent markets and has private information about his production cost.
Jorge, Sílvia, Pires, Cesaltina
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Third-Degree Price Discrimination and Consumer Surplus. [PDF]
This paper presents simple conditions for monopoly third-degree price discrimination to have negative or positive effects on aggregate consumer surplus.
Cowan, Simon
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Third-degree Price Discrimination Versus Uniform Pricing [PDF]
We compare the profit of the optimal third-degree price discrimination policy against a uniform pricing policy. A uniform pricing policy offers the same price to all segments of the market. Our main result establishes that for a broad class of third-degree price discrimination problems with concave profit functions (in the price space) and common ...
Dirk Bergemann +2 more
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Third-Degree Price Discrimination [PDF]
This lecture deals with third-degree price discrimination in both monopolistic and oligopolistic markets. The classical monopoly paradigm serves as a benchmark. Next, we move to an oligopoly setting, first with best-response symmetry, then with best-response asymmetry. We end with behavior-based price discrimination.
Qihong Liu, Konstantinos Serfes
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Third-Degree Price Discrimination in Two-Sided Markets
We investigate the welfare effects of third-degree price discrimination by a two-sided platform that enables interaction between buyers and sellers. Sellers are heterogeneous with respect to their per-interaction benefit, and, under price discrimination, the platform can condition its fee on sellers’ type.
Alexandre de Cornière +2 more
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QUALITY DIFFERENCES, THIRD‐DEGREE PRICE DISCRIMINATION, AND WELFARE [PDF]
We propose a model with two markets to analyze the welfare implications of price discrimination with quality differences. In each market a local firm that operates in that market only competes against a global firm that operates in both markets. Local firms produce higher‐quality goods than the global firm.
Francisco Galera +2 more
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Third-Degree Price Discrimination in Oligopoly When Markets are Covered [PDF]
We analyze oligopolistic third-degree price discrimination relative to uniform pricing when markets are always covered. Pricing equilibria are critically determined by supply-side features such as the number of firms and their marginal cost differences.
Dertwinkel-Kalt, M., Wey, C.
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Third Degree Price Discrimination Under Costly Information Acquisition
This paper investigates third-degree price discrimination under endogenous market segmentation. Segmenting a market requires access to information about consumers, and this information comes with a cost.
Tekdir, Irfan
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Third-Degree Price Discrimination in the Presence of Congestion Externality [PDF]
AbstractThis paper analyzes third‐degree price discrimination of a monopoly airline in the presence of congestion externality when all markets are served. The model features the business‐passenger and leisure‐passenger markets where business passengers exhibit a higher time valuation, and a less price‐elastic demand, than leisure passengers.
Achim I. Czerny, Anming Zhang
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Welfare‐increasing third‐degree price discrimination [PDF]
When demand functions in different markets are derived from distributions of reservation prices that differ only in their means, conditions exist such that third‐degree price discrimination leads to greater total output and greater total welfare. Welfare is higher with discrimination than with a uniform price when demand functions are derived from ...
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