Sufficient conditions are developed for third-degree price discrimination by a monopolist serving all markets to reduce and raise social welfare. Welfare falls if the demand function in the market whose price is higher with discrimination is at least as convex as that in the other market (at the non-discriminatory price). Welfare rises if inverse demand in the low-price market is more convex (at the discriminatory price) than inverse demand in the high-price market and the discriminatory prices are close together, so the cost of misallocation is less than the benefit of higher output
This paper presents simple conditions for monopoly third-degree price discrimination to have negativ...
The welfare effects of third-degree price discrimination are known to be negative when demand functi...
The welfare effects of third-degree price discrimination are known to be negative when demand functi...
Sufficient conditions are developed for third-degree price discrimination by a monopolist serving al...
Sufficient conditions are developed for third-degree price discrimination by a monopolist serving al...
We analyze the welfare impact of monopolistic third degree price discrimination when all markets are...
The author examines third-degree price discrimination by an upstream monopolist in an intermediate g...
Monopoly third-degree price discrimination raises social welfare above the level with a uniform pric...
The welfare effects of third-degree price discrimination are analyzed when demand in one market is a...
The welfare effects of third-degree price discrimination are analyzed when demand in one market is a...
The welfare effects of third-degree price discrimination are analyzed when demand in one market is a...
The welfare effects of third-degree price discrimination are known to be negative when demand functi...
The welfare effects of third-degree price discrimination are known to be negative when demand functi...
This paper presents simple conditions for monopoly third-degree price discrimination to have negativ...
This paper presents simple conditions for monopoly third-degree price discrimination to have negativ...
This paper presents simple conditions for monopoly third-degree price discrimination to have negativ...
The welfare effects of third-degree price discrimination are known to be negative when demand functi...
The welfare effects of third-degree price discrimination are known to be negative when demand functi...
Sufficient conditions are developed for third-degree price discrimination by a monopolist serving al...
Sufficient conditions are developed for third-degree price discrimination by a monopolist serving al...
We analyze the welfare impact of monopolistic third degree price discrimination when all markets are...
The author examines third-degree price discrimination by an upstream monopolist in an intermediate g...
Monopoly third-degree price discrimination raises social welfare above the level with a uniform pric...
The welfare effects of third-degree price discrimination are analyzed when demand in one market is a...
The welfare effects of third-degree price discrimination are analyzed when demand in one market is a...
The welfare effects of third-degree price discrimination are analyzed when demand in one market is a...
The welfare effects of third-degree price discrimination are known to be negative when demand functi...
The welfare effects of third-degree price discrimination are known to be negative when demand functi...
This paper presents simple conditions for monopoly third-degree price discrimination to have negativ...
This paper presents simple conditions for monopoly third-degree price discrimination to have negativ...
This paper presents simple conditions for monopoly third-degree price discrimination to have negativ...
The welfare effects of third-degree price discrimination are known to be negative when demand functi...
The welfare effects of third-degree price discrimination are known to be negative when demand functi...