The Welfare Effects of Third Degree Price Discrimination in Intermediate Good Markets

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (497 download)

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Book Synopsis The Welfare Effects of Third Degree Price Discrimination in Intermediate Good Markets by : Daniel P. O'Brien

Download or read book The Welfare Effects of Third Degree Price Discrimination in Intermediate Good Markets written by Daniel P. O'Brien and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Welfare Effects of Third Degree Price Discrimination in Intermediate Good Markets: the Case of Bargaining

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Publisher : Createspace Independent Pub
ISBN 13 : 9781502751782
Total Pages : 32 pages
Book Rating : 4.7/5 (517 download)

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Book Synopsis The Welfare Effects of Third Degree Price Discrimination in Intermediate Good Markets: the Case of Bargaining by : Federal Trade Commission

Download or read book The Welfare Effects of Third Degree Price Discrimination in Intermediate Good Markets: the Case of Bargaining written by Federal Trade Commission and published by Createspace Independent Pub. This book was released on 2014-10-09 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the welfare effects of third degree price discrimination by an intermediate good monopolist selling to downstream firms with bargaining power. One of the downstream firms (the "chain store") may have a greater ability than rivals to integrate backward into the supply of the input. In addition to this outside option, the firms' relative bargaining powers depend on their disagreement profits, bargaining weights, and concession costs. If the chain's integration threat is not a credible outside option, and if downstream firms cannot coordinate their bargaining strategies, then price discrimination reduces input prices to all downstream firms.

The Welfare Effects of Third Degree Price Discrimination in Intermediate Good Markets

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ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (497 download)

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Book Synopsis The Welfare Effects of Third Degree Price Discrimination in Intermediate Good Markets by : Daniel Patrick O'Brien

Download or read book The Welfare Effects of Third Degree Price Discrimination in Intermediate Good Markets written by Daniel Patrick O'Brien and published by . This book was released on 2002 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Welfare Effects of Third-degree Price Discrimination in Intermediate Goods Markets

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (142 download)

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Book Synopsis The Welfare Effects of Third-degree Price Discrimination in Intermediate Goods Markets by : Michael L. Katz

Download or read book The Welfare Effects of Third-degree Price Discrimination in Intermediate Goods Markets written by Michael L. Katz and published by . This book was released on 1985 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Welfare Effects of Third-Degree Price Discrimination in a Differentiated Oligopoly

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

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Book Synopsis The Welfare Effects of Third-Degree Price Discrimination in a Differentiated Oligopoly by : Takanori Adachi

Download or read book The Welfare Effects of Third-Degree Price Discrimination in a Differentiated Oligopoly written by Takanori Adachi and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article examines the welfare effects of third-degree price discrimination under oligopolistic competition with horizontal product differentiation. We derive a necessary and sufficient condition for price discrimination to improve social welfare: the degree of substitution must be sufficiently greater in the “strong” market (where the discriminatory price is higher than the uniform price) than in the “weak” market (where it is lower). It is verified, however, that consumer surplus is never improved; social welfare improves solely owing to an increase in the firms' profits in the case of linear demands.

Quality Differences, Third-Degree Price Discrimination, and Welfare

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

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Book Synopsis Quality Differences, Third-Degree Price Discrimination, and Welfare by : Francisco Galera

Download or read book Quality Differences, Third-Degree Price Discrimination, and Welfare written by Francisco Galera and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. If the quality levels of the local firms' products are the same, price discrimination is never welfare-decreasing. If they differ, discrimination is welfare-increasing if quantity increases. Because of a positive allocation effect of price discrimination, there are parameter values such that welfare increases while total output decreases with price discrimination.

Bounding the Welfare Effects of Third-degree Price Discrimination

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ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (262 download)

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Book Synopsis Bounding the Welfare Effects of Third-degree Price Discrimination by : David Arthur Malueg

Download or read book Bounding the Welfare Effects of Third-degree Price Discrimination written by David Arthur Malueg and published by . This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Welfare Effects of Third-degree Price Discrimination

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (835 download)

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Book Synopsis The Welfare Effects of Third-degree Price Discrimination by :

Download or read book The Welfare Effects of Third-degree Price Discrimination written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Third-degree Price Discrimination, Heterogeneous Markets and Exclusion

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Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.:/5 (249 download)

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Book Synopsis Third-degree Price Discrimination, Heterogeneous Markets and Exclusion by : Yong He

Download or read book Third-degree Price Discrimination, Heterogeneous Markets and Exclusion written by Yong He and published by . This book was released on 2002 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Welfare Effects of Forbidding Discriminatory Discounts

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ISBN 13 :
Total Pages : 29 pages
Book Rating : 4.:/5 (593 download)

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Book Synopsis The Welfare Effects of Forbidding Discriminatory Discounts by : Greg Eric Shaffer

Download or read book The Welfare Effects of Forbidding Discriminatory Discounts written by Greg Eric Shaffer and published by . This book was released on 1993 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Welfare Effects of Third-degree Price Discrimination

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ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (796 download)

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Book Synopsis Welfare Effects of Third-degree Price Discrimination by : Iñaki Aguirre

Download or read book Welfare Effects of Third-degree Price Discrimination written by Iñaki Aguirre and published by . This book was released on 2011 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Third-Degree Price Discrimination Revisited

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

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Book Synopsis Third-Degree Price Discrimination Revisited by : Youngsun Kwon

Download or read book Third-Degree Price Discrimination Revisited written by Youngsun Kwon and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper solves a simple model of third-degree price discrimination assuming two independent linear demands and discusses the effects of price discrimination on monopoly profit, consumer surplus, and social welfare. In addition, using a simple model, this paper shows that the probability that price discrimination raises social welfare increases as the preferences or incomes of consumer groups become more heterogeneous. The virtual aggregated demand curve of the price-discriminating monopoly, corresponding to its aggregated marginal revenue curve, is derived. The curve is non-linear and lies above the aggregated demand curve of simple monopoly. The results of this paper may be used to explain to students the effects of third-degree price discrimination on market outcomes.

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.

Third-Degree Price Discrimination, Consumption Externalities and Social Welfare

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

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Book Synopsis Third-Degree Price Discrimination, Consumption Externalities and Social Welfare by : Takanori Adachi

Download or read book Third-Degree Price Discrimination, Consumption Externalities and Social Welfare written by Takanori Adachi and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses monopolistic third-degree price discrimination in the presence of consumption externalities within two separate markets. Assuming linear inverse demands, we investigate an associated change in social welfare (the sum of the consumers' surpluses and the producer's profit) with the regime change from uniform pricing to price discrimination when both markets are open under either regime. It is shown that social welfare can improve even if total output is unaffected by the regime change. Moreover, it is possible that the sum of the consumers' surpluses also increases.

Third-Degree Price Discrimination in the Presence of Congestion Externality

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ISBN 13 :
Total Pages : 41 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Third-Degree Price Discrimination in the Presence of Congestion Externality by : Achim Ingo Czerny

Download or read book Third-Degree Price Discrimination in the Presence of Congestion Externality written by Achim Ingo Czerny and published by . This book was released on 2014 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 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. Our main result is the identification of the time-valuation effect of price discrimination, which can work in the opposite direction as the well-known output effect on welfare. This time-valuation effect clearly explains why discriminating prices can improve welfare even when this is associated with a reduction in aggregate output.

Output and Welfare Implications of Monopolistic Third-degree Price Discrimination

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ISBN 13 :
Total Pages : 14 pages
Book Rating : 4.:/5 (155 download)

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Book Synopsis Output and Welfare Implications of Monopolistic Third-degree Price Discrimination by : Richard Schmalensee

Download or read book Output and Welfare Implications of Monopolistic Third-degree Price Discrimination written by Richard Schmalensee and published by . This book was released on 1980 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Teaching Third-Degree Price Discrimination by a Monopolist With Linear Demands

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

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Book Synopsis Teaching Third-Degree Price Discrimination by a Monopolist With Linear Demands by : Manuel Salas-Velasco

Download or read book Teaching Third-Degree Price Discrimination by a Monopolist With Linear Demands written by Manuel Salas-Velasco and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses both a geometrical and mathematical analysis to explain monopolistic third-degree price discrimination, and it also shows how price discrimination affects society. A frequent policy question in the price discrimination literature is whether to allow third-degree price discrimination or to enforce uniform pricing. A key feature to understanding this issue in the context of imperfectly competitive markets is the impact of price discrimination on output. The article shows that a monopoly facing downward sloping linear demands, and constant marginal costs, will obtain higher profits under price discrimination than under a single-price strategy, but price discrimination lowers welfare if total output does not change. When price discrimination causes total output to increase, then this practice will have a beneficial effect on overall welfare.