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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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Bounding the Relative Profitability of Price Discrimination
TL;DR: In this article, the authors derive bounds on the profit of a monopolist from third-degree price discrimination to that from uniform pricing, and show that the profit ratio cannot be bounded when marginal cost is decreasing, fixed cost is positive, or demand is discontinuous.
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Bundling and Nonlinear Pricing in Telecommunications
TL;DR: In this paper, a multi-product nonlinear pricing model was developed where a firm sells both discrete and continuous goods/services to consumers with multidimensional heterogeneity and provided primitive conditions under which different bundling strategies arise.
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Joan Robinson Was Almost Right: Output under Third-Degree Price Discrimination
TL;DR: This article showed that the demands of the strong markets should be more concave than those of the weak markets, and they also made the distinction between adjusted concavity of the inverse demand of the direct demand.
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Peak-Load Pricing - With and Without Constrained Rate of Return
TL;DR: In this article, the effects of a change from uniform pricing throughout the day to peak-load pricing, when the utility is constrained to operate with a fixed rate of return on capital was studied.
A Game Theoretic Analysis of Parallel Trade and the Pricing of Pharmaceutical Products
TL;DR: In this article, the authors developed a simple double marginalization model with complete information, in which an original manufacturer of a pharmaceutical product faces potential competition from parallel imports by a foreign exclusive distributor.
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.