Output and welfare effects in the classic monopoly price discrimination problem
This paper uses convexity arguments to determine the effects of monopolistic third-degree price discrimination on total output and welfare. We focus on benchmark cases, including constant demand elasticities, with constant curvature of inverse demand (sigma). We show how the effects of price discrim...
| Main Authors: | , |
|---|---|
| Format: | Working paper |
| Language: | English |
| Published: |
2007
|
| Subjects: |