The welfare effects of third-degree price discrimination with non-linear demand functions
The welfare effects of third-degree price discrimination are analyzed when demand in one market is an additively shifted version of demand in the other market and both markets are served with uniform pricing. Social welfare is lower with discrimination if the slope of demand is log-concave or the co...
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| Materyal Türü: | Working paper |
| Baskı/Yayın Bilgisi: |
University of Oxford
2007
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| _version_ | 1826269274190118912 |
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| author | Cowan, S |
| author_facet | Cowan, S |
| author_sort | Cowan, S |
| collection | OXFORD |
| description | The welfare effects of third-degree price discrimination are analyzed when demand in one market is an additively shifted version of demand in the other market and both markets are served with uniform pricing. Social welfare is lower with discrimination if the slope of demand is log-concave or the convexity of demand is non-decreasing in the price. The demand functions commonly used in models of imperfect competition satisfy at least one of these sufficient conditions. |
| first_indexed | 2024-03-06T21:22:30Z |
| format | Working paper |
| id | oxford-uuid:41f1dc4b-a2f2-4574-b62d-b7f5fa9ddfb3 |
| institution | University of Oxford |
| last_indexed | 2024-03-06T21:22:30Z |
| publishDate | 2007 |
| publisher | University of Oxford |
| record_format | dspace |
| spelling | oxford-uuid:41f1dc4b-a2f2-4574-b62d-b7f5fa9ddfb32022-03-26T14:46:37ZThe welfare effects of third-degree price discrimination with non-linear demand functionsWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:41f1dc4b-a2f2-4574-b62d-b7f5fa9ddfb3Bulk import via SwordSymplectic ElementsUniversity of Oxford2007Cowan, SThe welfare effects of third-degree price discrimination are analyzed when demand in one market is an additively shifted version of demand in the other market and both markets are served with uniform pricing. Social welfare is lower with discrimination if the slope of demand is log-concave or the convexity of demand is non-decreasing in the price. The demand functions commonly used in models of imperfect competition satisfy at least one of these sufficient conditions. |
| spellingShingle | Cowan, S The welfare effects of third-degree price discrimination with non-linear demand functions |
| title | The welfare effects of third-degree price discrimination with non-linear demand functions |
| title_full | The welfare effects of third-degree price discrimination with non-linear demand functions |
| title_fullStr | The welfare effects of third-degree price discrimination with non-linear demand functions |
| title_full_unstemmed | The welfare effects of third-degree price discrimination with non-linear demand functions |
| title_short | The welfare effects of third-degree price discrimination with non-linear demand functions |
| title_sort | welfare effects of third degree price discrimination with non linear demand functions |
| work_keys_str_mv | AT cowans thewelfareeffectsofthirddegreepricediscriminationwithnonlineardemandfunctions AT cowans welfareeffectsofthirddegreepricediscriminationwithnonlineardemandfunctions |