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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...

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Published in:RAND Journal of Economics (Wiley-Blackwell) Vol. 52; no. 1; pp. 100 - 125
Main Authors: Chen, Yongmin, Li, Jianpei, Schwartz, Marius
Format: Article
Published: Wiley-Blackwell Mar2021
Subjects:
Oligopolies
Monopolies
Business enterprises
Consumers' surplus
Price discrimination
Online Access:View this record in EBSCOhost

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