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Third-Degree Price Discrimination and Output: Generalizing a Welfare Result
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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
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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.
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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.
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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.
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Free to Invest: The Economic Benefits of Preserving Net Neutrality
Inimai M. Chettiar,J Holladay +1 more
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
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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.
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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.
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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.