Competitive differential pricing.
We analyze welfare under differential versus uniform pricing across oligopoly markets that differ in costs of service, and establish general demand conditions for differential pricing by symmetric firms to increase consumer surplus, profit, and total welfare. The analysis reveals why competitive dif...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 52; no. 1; pp. 100 - 125 |
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| Autores principales: | , , |
| Formato: | Artículo |
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Wiley-Blackwell
Mar2021
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=149571841&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 149571841 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 07416261 56RJ jtl: RAND Journal of Economics (Wiley-Blackwell) issn: 07416261 maglogo: Y pubinfo: dt: Mar2021 vid: 52 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 149571841 10.1111/1756-2171.12363 ppf: 100 ppct: 25 formats: fmt: – @attributes: type: T – @attributes: type: P size: 291KB tig: atl: Competitive differential pricing. aug: au: Chen, Yongmin Li, Jianpei Schwartz, Marius affil: University of Colorado Boulder, Boulder, USA University of International Business and Economics (UIBE), Beijing, China Georgetown University, Washington DC, USA su: Oligopolies Monopolies Business enterprises Consumers' surplus Price discrimination sug: subj: Oligopolies Monopolies Business enterprises Consumers' surplus Price discrimination ab: We analyze welfare under differential versus uniform pricing across oligopoly markets that differ in costs of service, and establish general demand conditions for differential pricing by symmetric firms to increase consumer surplus, profit, and total welfare. The analysis reveals why competitive differential pricing is generally beneficial—more than price discrimination—but not always, including why profit may fall, unlike for monopoly. The presence of more competitors tends to enlarge consumers' share of the gain from differential pricing, though profits often still rise. When firms have asymmetric costs, however, profit or consumer surplus can fall even with 'simple' linear demands. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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