Welfare-increasing third-degree price discrimination.
When demand functions in different markets are derived from distributions of reservation prices that differ only in their means, conditions exist such that third-degree price discrimination leads to greater total output and greater total welfare. Welfare is higher with discrimination than with a uni...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 47; no. 2; pp. 326 - 341 |
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| Formato: | Artículo |
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Wiley-Blackwell
Summer2016
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| Acceso en línea: | Ver este registro en EBSCOhost |