The Limits of Price Discrimination

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چکیده

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The Limits of Price Discrimination May 14, 2013

We analyze the welfare consequences of a monopolist having additional information about consumers’tastes, beyond the prior distribution; the additional information can be used to charge different prices to different segments of the market, i.e., carry out "third degree price discrimination". We show that the segmentation and pricing induced by the additional information can achieve every combin...

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The Limits of Price Discrimination April 14 , 2014

We analyze the welfare consequences of a monopolist having additional information about consumers’ tastes, beyond the prior distribution; the additional information can be used to charge different prices to different segments of the market, i.e., carry out "third degree price

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Price Discrimination ∗

In broad terms, one can say that price discrimination exists when two “similar” products which have the same marginal cost to produce are sold by a firm at different prices.1 This practice is often highly controversial in terms of its impact on both consumers and rivals. This chapter aims to explain some of the main economic motives for price discrimination, and to outline when this practice wi...

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Price Discrimination ∗

journey, same date, same time, same comfort class) is sold at different prices1. ∗We gratefully acknowledge travel funding from the CNRS and NSF under grants INT9815703 and GA10273, and research funding under grant SES 0452864 . We thank Anita Anderson, Alain Béraud, Catherine de Fontenay, Robin Lindsey, André de Palma, Emile Quinet, and Sarah Tulman for their comments and suggestions. We would...

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The Web site of computer manufacturer Dell asks prospective buyers to declare whether they are a home user, small business, large business or government entity. Two years ago, the price of a 512MBmemory module, part number A0193405, depended on which business segment one declared. At that time, Dell quoted $289.99 for a large business, $266.21 for a government agency, $275.49 for a home, and $2...

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ژورنال

عنوان ژورنال: American Economic Review

سال: 2015

ISSN: 0002-8282

DOI: 10.1257/aer.20130848