The welfare effects of third-degree price discrimination
The welfare effects of third-degree price discrimination are known to be negative when demand functions are linear, marginal cost is constant and all markets are served. This paper shows that discrimination lowers welfare for a more general class of demand functions. Demand varies across markets wit...
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| Formáid: | Working paper |
| Foilsithe / Cruthaithe: |
University of Oxford
2004
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