Can Price Discrimination Be Bad for Firms and Good for All Consumers? A Theoretical Analysis of Cross-Market Price Constraints with Entry and Product Differentiation

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Can Price Discrimination Be Bad for Firms and Good for All Consumers? A Theoretical Analysis of Cross-Market Price Constraints with Entry and Product Differentiation by : Ofer H. Azar

Download or read book Can Price Discrimination Be Bad for Firms and Good for All Consumers? A Theoretical Analysis of Cross-Market Price Constraints with Entry and Product Differentiation written by Ofer H. Azar and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The article examines a differentiated-products duopoly model where the firms make entry decisions to two markets and then choose prices. The effects of product differentiation and entry costs are analyzed in two games: with and without price discrimination between the markets. Allowing price discrimination encourages more entry and tends to reduce prices and profits and to increase consumer welfare in both markets. The model suggests that firms might be better off if they agree not to price discriminate between different markets. It also suggests that when the market is not a natural monopoly, regulators should consider the effects of universal service requirements on entry before adopting them, because entry might be discouraged by such requirements, leading to less competitive markets.

Price Discrimination

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Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 374 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Price Discrimination by : Fouad Sabry

Download or read book Price Discrimination written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-03-27 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Price Discrimination Price discrimination is a microeconomic pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider in different market segments. Price discrimination is distinguished from product differentiation by the more substantial difference in production cost for the differently priced products involved in the latter strategy. Price differentiation essentially relies on the variation in the customers' willingness to pay and in the elasticity of their demand. For price discrimination to succeed, a firm must have market power, such as a dominant market share, product uniqueness, sole pricing power, etc. All prices under price discrimination are higher than the equilibrium price in a perfectly competitive market. However, some prices under price discrimination may be lower than the price charged by a single-price monopolist. Price discrimination is utilized by the monopolist to recapture some deadweight loss. This Pricing strategy enables firms to capture additional consumer surplus and maximize their profits while benefiting some consumers at lower prices. Price discrimination can take many forms and is prevalent in many industries, from education and telecommunications to healthcare. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Price discrimination Chapter 2: Monopoly Chapter 3: Monopolistic competition Chapter 4: Oligopoly Chapter 5: Perfect competition Chapter 6: Imperfect competition Chapter 7: Deadweight loss Chapter 8: Two-part tariff Chapter 9: Pricing Chapter 10: Barriers to entry Chapter 11: Yield management Chapter 12: Market power Chapter 13: Non-price competition Chapter 14: Market structure Chapter 15: Pricing strategies Chapter 16: Dynamic pricing Chapter 17: Revenue management Chapter 18: Value-based pricing Chapter 19: Rental value Chapter 20: Profit (economics) Chapter 21: Monopoly price (II) Answering the public top questions about price discrimination. (III) Real world examples for the usage of price discrimination in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Price Discrimination.

Handbook of Industrial Organization

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Publisher : North Holland
ISBN 13 :
Total Pages : 640 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Handbook of Industrial Organization by : Richard Schmalensee

Download or read book Handbook of Industrial Organization written by Richard Schmalensee and published by North Holland. This book was released on 1989-09-11 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of industrial organization/Schmalensee.-V.2.

The Economics of Price Discrimination

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Publisher : Cambridge University Press
ISBN 13 : 9780521283946
Total Pages : 304 pages
Book Rating : 4.2/5 (839 download)

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Book Synopsis The Economics of Price Discrimination by : Louis Phlips

Download or read book The Economics of Price Discrimination written by Louis Phlips and published by Cambridge University Press. This book was released on 1983-06-30 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical and unified explanation of how prices are determined in practice, written in a non-technical way.

Price Discrimination Via Proprietary Aftermarkets

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ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Price Discrimination Via Proprietary Aftermarkets by : Eric Emch

Download or read book Price Discrimination Via Proprietary Aftermarkets written by Eric Emch and published by . This book was released on 2000 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Conflict of Price Differentiation and Price Fairness

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Publisher : GRIN Verlag
ISBN 13 : 3668863830
Total Pages : 105 pages
Book Rating : 4.6/5 (688 download)

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Book Synopsis The Conflict of Price Differentiation and Price Fairness by : Luisa Domanska

Download or read book The Conflict of Price Differentiation and Price Fairness written by Luisa Domanska and published by GRIN Verlag. This book was released on 2019-01-11 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, Cologne Business School Köln, language: English, abstract: The thesis describes the conflict of price differentiation strategies and the consumers' perception of price fairness in different manners. By that, the role of a price is explained in detail in the role of marketing, as well as it's role in behavioral economics regarding price fairness. Different examples, being a highly discussed topic in the current state of the art, are brought together to demonstrate the variety of this price policy. Uber, the haircutting industry as well as typical gender-based pricing or emergency situations represent crucial practices that are discussed in regard of moral and ethical limitations in terms of price fairness. Finally, the work aims to understand the limitations on price differentiation in the context of price fairness and tries to answer questions as: When is price differentiation acceptable for consumers and when should firms reconsider differential price strategies due to a perceived abuse of trust, anger or similar emotions of targeted customers? For that, an empirical social research is considered to bring first and secondary data together, and to enable the defintion of those limitations to become a little clearer.

The Economics of Price Discrimination

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 624 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Economics of Price Discrimination by : George Norman

Download or read book The Economics of Price Discrimination written by George Norman and published by Edward Elgar Publishing. This book was released on 1999 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together significant articles which have appeared between 1971 and 1997, analyzing the application and effects of price discrimination.

The Antitrust Paradox

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Publisher :
ISBN 13 : 9781736089712
Total Pages : 536 pages
Book Rating : 4.0/5 (897 download)

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Book Synopsis The Antitrust Paradox by : Robert Bork

Download or read book The Antitrust Paradox written by Robert Bork and published by . This book was released on 2021-02-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.

The Economic Theory of Product Differentiation

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Publisher : Cambridge University Press
ISBN 13 : 9780521335522
Total Pages : 220 pages
Book Rating : 4.3/5 (355 download)

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Book Synopsis The Economic Theory of Product Differentiation by : John Beath

Download or read book The Economic Theory of Product Differentiation written by John Beath and published by Cambridge University Press. This book was released on 1991-02-22 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are few industries in modern market economies that do not manufacture differentiated products. This book provides a systematic explanation and analysis of the widespread prevalence of this important category of products. The authors concentrate on models in which product selection is endogenous. In the first four chapters they consider models that try to predict the level of product differentiation that would emerge in situations of market equilibrium. These market equilibria with differentiated products are characterised and then compared with social welfare optima. Particular attention is paid to the distinction between horizontal and vertical differentiation as well as to the related issues of product quality and durability. This book brings together the most important theoretical contributions to these topics in a succinct and coherent manner. One of its major strengths is the way in which it carefully sets out the basic intuition behind the formal results. It will be useful to advanced undergraduate and graduate students taking courses in industrial economics and microeconomic theory.

Does Antitrust Need to be Modernized?

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Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Does Antitrust Need to be Modernized? by : Dennis W. Carlton

Download or read book Does Antitrust Need to be Modernized? written by Dennis W. Carlton and published by . This book was released on 2007 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Information Technology

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Publisher : Cambridge University Press
ISBN 13 : 1139456725
Total Pages : 114 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis The Economics of Information Technology by : Hal R. Varian

Download or read book The Economics of Information Technology written by Hal R. Varian and published by Cambridge University Press. This book was released on 2004-12-23 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Information Technology is a concise and accessible review of some of the important economic factors affecting information technology industries. These industries are characterized by high fixed costs and low marginal costs of production, large switching costs for users, and strong network effects. These factors combine to produce some unique behavior. The book consists of two parts. In the first part, Professor Varian outlines the basic economics of these industries. In the second part, Professors Farrell and Shapiro describe the impact of these factors on competition policy. The clarity of the analysis and exposition makes this an ideal introduction for undergraduate and graduate students in economics, business strategy, law and related areas.

Digital and Social Media Marketing

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Publisher : Springer Nature
ISBN 13 : 3030243745
Total Pages : 337 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Digital and Social Media Marketing by : Nripendra P. Rana

Download or read book Digital and Social Media Marketing written by Nripendra P. Rana and published by Springer Nature. This book was released on 2019-11-11 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines issues and implications of digital and social media marketing for emerging markets. These markets necessitate substantial adaptations of developed theories and approaches employed in the Western world. The book investigates problems specific to emerging markets, while identifying new theoretical constructs and practical applications of digital marketing. It addresses topics such as electronic word of mouth (eWOM), demographic differences in digital marketing, mobile marketing, search engine advertising, among others. A radical increase in both temporal and geographical reach is empowering consumers to exert influence on brands, products, and services. Information and Communication Technologies (ICTs) and digital media are having a significant impact on the way people communicate and fulfil their socio-economic, emotional and material needs. These technologies are also being harnessed by businesses for various purposes including distribution and selling of goods, retailing of consumer services, customer relationship management, and influencing consumer behaviour by employing digital marketing practices. This book considers this, as it examines the practice and research related to digital and social media marketing.

Bounded Rationality and Industrial Organization

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Publisher : OUP USA
ISBN 13 : 0195398718
Total Pages : 235 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Bounded Rationality and Industrial Organization by : Ran Spiegler

Download or read book Bounded Rationality and Industrial Organization written by Ran Spiegler and published by OUP USA. This book was released on 2011-02-18 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ît then rigorously analyses each model in the tradition of microeconomic theory, leading to a richer, more realistic picture of consumer behavior. Ran Spiegler analyses phenomena such as exploitative price plans in the credit market, complexity of financial products and other obfuscation practices, consumer antagonism to unexpected price increases, and the role of default options in consumer decision making. Spiegler unifies the relevant literature into three main strands: limited ability to anticipate and control future choices, limited ability to understand complex market environments, and sensitivity to reference points. Although the challenge of enriching the psychology of decision makers in economic models has been at the frontier of theoretical research in the last decade, there has been no graduate-level, theory-oriented textbook to cover developments in the last 10-15 years.

NTA UGC NET/JRF Economics Book 2023 - Concerned Subject : Paper II (English Edition) - 12 Mock Tests (1200 Solved Questions) with Free Access to Online Tests

Download NTA UGC NET/JRF Economics Book 2023 - Concerned Subject : Paper II (English Edition) - 12 Mock Tests (1200 Solved Questions) with Free Access to Online Tests PDF Online Free

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Publisher : EduGorilla Community Pvt. Ltd.
ISBN 13 : 939029729X
Total Pages : 175 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis NTA UGC NET/JRF Economics Book 2023 - Concerned Subject : Paper II (English Edition) - 12 Mock Tests (1200 Solved Questions) with Free Access to Online Tests by : EduGorilla Prep Experts

Download or read book NTA UGC NET/JRF Economics Book 2023 - Concerned Subject : Paper II (English Edition) - 12 Mock Tests (1200 Solved Questions) with Free Access to Online Tests written by EduGorilla Prep Experts and published by EduGorilla Community Pvt. Ltd.. This book was released on 2024-06-01 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: • Best Selling Book in English Edition for NTA UGC NET Economics (Concerned Subject : Paper II) with objective-type questions as per the latest syllabus given by the NTA. • Compare your performance with other students using Smart Answer Sheets in EduGorilla’s NTA UGC NET Economics (Concerned Subject : Paper II) Practice Kit. • NTA UGC NET Economics (Concerned Subject : Paper II) Preparation Kit comes with 12 Mock Tests with the best quality content. • Increase your chances of selection by 16X. • NTA UGC NET Economics (Concerned Subject : Paper II) Prep Kit comes with well-structured and 100% detailed solutions for all the questions. • Clear exam with good grades using thoroughly Researched Content by experts.

Variety, Equity, and Efficiency

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Publisher :
ISBN 13 : 9780231945387
Total Pages : 374 pages
Book Rating : 4.9/5 (453 download)

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Book Synopsis Variety, Equity, and Efficiency by : Kelvin Lancaster

Download or read book Variety, Equity, and Efficiency written by Kelvin Lancaster and published by . This book was released on 1979-03-02 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Concentration and Price

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Publisher : MIT Press (MA)
ISBN 13 : 9780262231435
Total Pages : 290 pages
Book Rating : 4.2/5 (314 download)

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Book Synopsis Concentration and Price by : Leonard W. Weiss

Download or read book Concentration and Price written by Leonard W. Weiss and published by MIT Press (MA). This book was released on 1989 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does seller concentration in a market raise prices? Many attempts have been made to test this classic hypothesis of oligopoly theory, none of them convincing. Leonard Weiss and his colleagues have devised and applied a systematic set of direct tests of the concentration price hypothesis. In an innovative series of empirical studies, they examine the effect of concentration on price for the same item sold in markets that vary because of space, time, or transaction. They conclude that concentration does indeed tend to raise price. Studies in the book's first part test specific aspects of the concentration price hypothesis. These include a case study of Portland cement deregulated fares, the relation between change in price and change in concentration in the US and in the EEC, the effect of the numbers of bidders in auctions, and the effects of concentration on wages. The book's second part brings together for the first time previously published and widely scattered studies of the concentration price relationship in advertising media, retailing, the railroads, livestock purchasing, and banking. Viewed together, they provide powerful support for the role of concentration in determining price. Leonard W. Weiss is Professor of Economics at the University of Wisconsin, Madison.P>

Modern Industrial Organization

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Publisher : Addison Wesley
ISBN 13 :
Total Pages : 808 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Modern Industrial Organization by : Dennis W. Carlton

Download or read book Modern Industrial Organization written by Dennis W. Carlton and published by Addison Wesley. This book was released on 2000 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text offers modern coverage of modern industrial organizations, including strategic behaviour and game theory. It uses a unified structure to analyse theories and empirical evidence about the organization of firms and indutries.