scispace - formally typeset
Open AccessPosted Content

Third-Degree Price Discrimination and Output: Generalizing a Welfare Result

Marius Schwartz
- 01 Jan 2016 - 
- Vol. 80, Iss: 5, pp 1259-1262
About
This article is published in The American Economic Review.The article was published on 2016-01-01 and is currently open access. It has received 179 citations till now. The article focuses on the topics: Price discrimination.

read more

Citations
More filters
Journal ArticleDOI

Value-based tiered pricing for universal health coverage: an idea worth revisiting.

TL;DR: It is argued that a strategic system of value-based tiered pricing (VBTP), wherein each country would pay a price for each health product commensurate with the local value it provides, could improve access, enhance efficiency, and empower countries to negotiate with product manufacturers.
Posted Content

Third-Degree Price Discrimination Revisited

TL;DR: In this paper, 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 is presented.
Posted Content

Complexity, Efficiency, and Fairness in Multiproduct Liquor Pricing

TL;DR: In this article, the welfare implications of the uniform 30% mark-up on all products in the state of Pennsylvania were investigated and the authors found that the current system transfers rents from high income and educated households to minorities by underpricing those liquor varieties that this latter group favors.
Journal ArticleDOI

Free to Invest: The Economic Benefits of Preserving Net Neutrality

TL;DR: Free to Invest, the Institute for Policy Integrity warns of negative economic consequences if net neutrality is weakened, and arrived at five main findings that describe the trade-offs of revoking net neutrality.
References
More filters
Book

The Economics of Welfare

TL;DR: Aslanbeigui et al. as mentioned in this paper discussed the relationship between the national dividend and economic and total welfare, and the size of the dividend to the allocation of resources in the economy and the institutional structure governing labor market operations.
Posted Content

Price Discrimination and Social Welfare

TL;DR: In this article, the effect of price discrimination on social welfare using methods from duality theory was studied using Ebsco's reservation model, and upper and lower bounds on welfare change with optimal price discrimination.
Posted Content

Output and welfare implications of monopolistic third-degree price discrimination

TL;DR: In this article, the authors focus on the output and welfare implications of monopolistic third-degree price discrimination, and propose a solution to maximize profits by charging different prices to different markets or classes for customers; Maldistribution of resources for different uses.