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1 What Is Price Discrimination, and How Does It Work?
https://www.investopedia.com/terms/p/price_discrimination.asp
Price discrimination charges customers different prices for the same products based on a bias toward groups of people with certain characteristics. With price ...
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2 Price Discrimination: Kind, Effects and Evils | Monopoly
https://www.economicsdiscussion.net/monopoly/price-discrimination-monopoly/price-discrimination-kind-effects-and-evils-monopoly/13839
Effects of Price Discrimination: ... As we have seen now that under price discrimination, there are two or more prices in the market instead of a single price for ...
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3 Price Discrimination - StudySmarter
https://www.studysmarter.us/explanations/microeconomics/imperfect-competition/price-discrimination/
Price discrimination can allow monopolies to capture greater market share and set a higher barrier for smaller firms to enter. As a result, customers will have ...
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4 A2 Micro: Consequences of Price Discrimination | Economics
https://www.tutor2u.net/economics/blog/a2-micro-consequences-of-price-discrimination
Furthermore, with price discrimination, it may be unfair as people on higher incomes or people not entitled to the cheaper prices may feel that ...
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5 PRICE DISCRIMINATION - Boston University
https://sites.bu.edu/manove-ec101/files/2017/11/VarianHalPriceDiscrimination1989.pdf
But since the breakpoint was the profit maximizing choice by the monopolist, changing the breakpoint slightly must have a zero first-order effect on profits.
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6 Price Discrimination & Competition: Implications for Antitrust
https://www.ftc.gov/sites/default/files/documents/public_statements/price-discrimination-and-competition-implications-antitrust/031118froeb.pdf
Hence, price discrimination implies that markets are not “competitive.” Page 3. FTC. 3. Price Discrimination v. Differential Pricing.
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7 Price discrimination - Wikipedia
https://en.wikipedia.org/wiki/Price_discrimination
Higher prices. Under price discrimination, all consumers will pay higher prices than they would in a competitive market. · Decline in consumer surplus.
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8 Welfare Effects of Price Discrimination by a ... - JSTOR
https://www.jstor.org/stable/2600990
The consequences of tightening the price cap when discrimination is allowed are also examined. 1. Introduction. * Whereas traditional rate-of-return regulation ...
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9 Welfare Effects
https://saylordotorg.github.io/text_introduction-to-economic-analysis/s16-05-welfare-effects.html
However, it is worth remembering that people with lower incomes tend to have more elastic demand, and thus get lower prices under price discrimination than ...
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10 DOES PRICE DISCRIMINATION INTENSIFY COMPETITION ...
https://www.law.gmu.edu/assets/files/publications/working_papers/1430.pdf
We show, however, that the unilateral price effects of a merger of spatial competitors can be smaller when firms price discriminate than when they set uniform ...
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11 Impact of Price Discrimination in Markets with Adverse Selection
https://events.barcelonagse.eu/live/files/1880-andreveiga51441pdf
Prices charged to the old would rise, but this would have no first-order effect on welfare, because the old were charged the efficient price. The price charged ...
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12 Price Discrimination (Empirical Studies) | SpringerLink
https://link.springer.com/10.1057/978-1-349-95121-5_2256-1
Under competition, the effects of direct price discrimination on profits are ambiguous even if the discriminatory prices are chosen optimally. The possibility ...
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13 Oligopoly under incomplete information: On the welfare effects ...
https://www.sciencedirect.com/science/article/pii/S016771872100028X
Intuitively, the inability to price discriminate pushes firms to compete less intensively for high-type consumers, which leads to (probabilistically) lower ...
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14 Price Discrimination in the Digital Economy*
http://faculty.haas.berkeley.edu/VILLAS/DigitalEconomy6-17-2012.pdf
prices and products offered by firms to different consumers. This article discusses the effects of price discrimination based on information gained by.
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15 The Welfare Effects of Intertemporal Price Discrimination:
http://www.johnlazarev.com/Lazarev_JMP.pdf
This paper estimates the welfare effects of intertemporal price discrimination using new data on the time paths of prices from the U.S. airline industry.
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16 The Impact of Algorithmic Price Discrimination on Consumers ...
https://www.frontiersin.org/articles/10.3389/fpsyg.2022.825420/full
(2) Increased algorithmic price discrimination leads to lower perceived price fairness and therefore to increased perceived betrayal among ...
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17 Revisiting the Relationship between Competition and Price ...
https://www.aeaweb.org/articles?id=10.1257/mic.20160252
We revisit the relationship between competition and price discrimination. Theoretically, we show that if consumers differ in terms of both their underlying ...
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18 First Degree Price Discrimination and its Effect on Efficiency in ...
https://www.youtube.com/watch?v=1kSk1Hu3TVM
Jason Welker
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19 Impact of Third-Degree Price Discrimination on Welfare under ...
https://www.mdpi.com/2227-7390/10/8/1215/htm
In the local market, although the output of the firm adopting price discrimination remained unchanged, it can produce more producer surplus, consumer surplus ...
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20 The Impact of Price Discrimination on Revenue
https://direct.mit.edu/rest/article/94/1/359/57996/The-Impact-of-Price-Discrimination-on-Revenue
Price discrimination generates about 5% greater revenues than single-price ticketing. The return to price discrimination is higher in markets ...
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21 identifying price discrimination when - Federal Reserve Board
https://www.federalreserve.gov/pubs/feds/2004/200410/200410pap.pdf
observed product characteristics or fixed effects are shown to potentially confound inference on price discrimination leading one to reject it when firms ...
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22 Why Do Firms Bundle And Tie? Evidence From Competitive ...
https://www.justice.gov/atr/why-do-firms-bundle-and-tie-evidence-competitive-markets-and-implications-tying-law
Today, price discrimination and foreclosure of competition are the two leading explanations for tying. But they can only explain tying by firms that have ...
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23 Price discrimination - Economics Online
https://www.economicsonline.co.uk/business_economics/price_discrimination.html/
Similarly, price discrimination may enable firms sell to export markets, basing their prices on what consumers are prepared to pay in each ...
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24 Effects of Costā€Information Transparency on Intertemporal ...
https://onlinelibrary.wiley.com/doi/full/10.1111/poms.13270
Without cost transparency, consumers may infer products with higher prices to have higher costs, giving a low-cost firm incentives to mimic a ...
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25 Algorithmic Price Discrimination When Demand Is a Function ...
https://lawreview.uchicago.edu/publication/algorithmic-price-discrimination-when-demand-function-both-preferences-and
When algorithmic price discrimination targets preferences, it harms consumers but increases efficiency. When price discrimination targets misperceptions, ...
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26 Price Discrimination∗ - Department of Economics |
https://economics.virginia.edu/sites/economics.virginia.edu/files/anderson/pricedisc080808_0.pdf
In general, the impact of discriminatory pricing on the total quantity proM duced is ambiguous. For example, suppose that the demand in each group i is linear ...
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27 The Impact of Algorithmic Price Discrimination on ... - NCBI
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9152318/
Algorithmic price discrimination occurs when online retailers use big data and algorithms to charge repeat (loyal) customers higher prices than ...
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28 Price discrimination - Concurrences
https://www.concurrences.com/en/dictionary/price-discrimination-occurs-when-customers-in
However, increased output by one firm does not necessarily expand total output as other firms may exit the market as a result. The welfare effects of price ...
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29 Price Discrimination - thisMatter.com
https://thismatter.com/economics/price-discrimination.htm
Price Discrimination · The monopolist must be able to identify segments of the market who are willing to pay different prices, then market its products ...
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30 Price Discrimination in Service Industries - ScholarlyCommons
https://repository.upenn.edu/cgi/viewcontent.cgi?article=1232&context=oid_papers
This article outlines recent methods and applications directed at understanding the profit and consumer welfare implications of increasingly prevalent price ...
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31 Consumer Scores and Price Discrimination
https://libertystreeteconomics.newyorkfed.org/2022/07/consumer-scores-and-price-discrimination/
Price discrimination unambiguously harms naïve consumers—that is, those who do not recognize the links across transactions—but it can benefit ...
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32 Lecture 9: Price Discrimination - its.caltech.edu
http://www.its.caltech.edu/~mshum/ec105/matt9.pdf
With resale, marginal customer buys for whole market. Equivalent to assuming that monopolist knows the WTP of each consumer: if consumers could lie, same effect ...
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33 Competitive price discrimination - Economics
http://users.econ.umn.edu/~holmes/class/2003f8601/papers/rje_Winter%2701_Armstrong.pdf
effect on π(u). From this perspective we examine the profit, utility, and welfare implications of price discrimination policies in an oligopolistic ...
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34 Full article: Price discrimination with consumer misperception
https://www.tandfonline.com/doi/full/10.1080/13504851.2020.1782333
With demand-inflating misperceptions, price discrimination is even more harmful to consumers and might reduce efficiency. These results are ...
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35 Benefits of Price Discrimination - Economics Help
https://www.economicshelp.org/blog/306/concepts/benefits-of-price-discrimination/
Price discrimination can provide benefits to consumers, such as potentially lower prices, rewards for choosing less popular services and helps ...
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36 The Impact of Price Discrimination on Major League Baseball ...
https://web.holycross.edu/RePEc/spe/1601-Soebbing-Watanabe-Seifried.pdf
Abstract. The empirical evidence supporting the impact that second degree price discrimination has on a firm's revenue has received little attention.
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37 Part I - NYU Law
http://www.law.nyu.edu/sites/default/files/upload_documents/Akiva%20Miller%20-%20What%20do%20we%20worry%20about%20when%20we%20worry%20about%20price%20discrimination.pdf
be given to other pricing strategies and to the effects of competitive conditions. ... Therefore, the impact of first-degree price discrimination.
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38 A New Vehicles Transaction Price Index: Offsetting the Effects ...
https://www.bls.gov/osmr/research-papers/2019/ec190040.htm
When the composition of consumers changes each month, observed prices do not represent the purchases of a typical consumer at each point in time. Consumer ...
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39 Price Discrimination by Negotiation: a Field Experiment in ...
https://academic.oup.com/qje/article/137/4/2499/6570715
Consumers with high average willingness to pay benefit from data collection, because the gains from low average prices dominate the losses from ...
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40 Price Discrimination as an Adverse Signal: Why an Offer to ...
https://www.kellogg.northwestern.edu/faculty/anderson_e/htm/personalpage_files/Papers/Price_Discrimination_as_an_Adverse_Signal_Why_an_Offer_to_Spread_Payments_may_hurt_demand.pdf
they may use to price discriminate between segments. Yet there ... To investigate the long-term effects, the catalog agreed to.
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41 PRICE DISCRIMINATION - R. Preston McAfee
https://mcafee.cc/Papers/PDF/ABAPriceDiscrimination.pdf
It then considers the welfare effects and antitrust implications of price discrimination. 1. Introduction. The Web site of computer manufacturer Dell asks ...
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42 Welfare Effects of Price Discrimination by a Regulated ...
https://econpapers.repec.org/RePEc:rje:randje:v:22:y:1991:i:winter:p:571-581
If the cap applies to a price index with weights proportional to demands at uniform prices, then price discrimination benefits consumers as well as the firm.
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43 Concurrences - European Commission
https://ec.europa.eu/dgs/competition/economist/concurrences_03_2007.pdf
The early economic literature on price discrimination has mainly focused on the welfare effects of the different types of discriminatory pricing by a monopolist ...
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44 Why AI-enabled price discrimination is not always undesirable
https://www.maastrichtuniversity.nl/blog/2022/06/why-ai-enabled-price-discrimination-not-always-undesirable-lessons-law-and-economics
The impact on consumer welfare will likely vary from market to market. In oligopolies, AI-enabled price discrimination may benefit consumers ...
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45 Price Discrimination and Welfare - Amazon AWS
https://spinup-000d1a-wp-offload-media.s3.amazonaws.com/faculty/wp-content/uploads/sites/8/2019/06/PriceDiscriminationWelfare_CPI2009.pdf
effects of price discrimination are positive. Even if they are, he suggests that this perspective is too narrow; a price-discriminating monopolist will make ...
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46 "Competitive Price Discrimination: The Exercise of Market ...
https://digitalcommons.wcl.american.edu/facsch_lawrev/1134/
A firm that discriminates in prices faces a downward sloping demand curve, and thus could potentially raise price by reducing output. For this reason, evidence ...
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47 Price Discrimination - Definition, Types and Practical Example
https://corporatefinanceinstitute.com/resources/management/price-discrimination/
Profit maximization: The firm is able to turn consumer surplus into producer surplus. In a first-degree price discrimination strategy, all ...
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48 A study on online platforms' price discrimination behavior and ...
https://www.emerald.com/insight/content/doi/10.1108/K-06-2020-0353/full/html
The same-side network effect affects the degree of price difference between the price discrimination and the unified pricing model, but when the ...
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49 Price Discrimination Is Good, Part I
https://laweconcenter.org/resource/price-discrimination-is-good-part-i/
Of course, we know that the static welfare effects of perfect price discrimination are unambiguous: producer surplus increases and consumer ...
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50 WELFARE EFFECTS OF PRICE DISCRIMINATION
https://repositori.upf.edu/bitstream/handle/10230/33468/BrancoBrossard%20TFM2017.pdf?isAllowed=y&sequence=1
“Welfare effects of price discrimination: the impact of Big Data”. Samira Branco. Amélie Brossard-Ruffey. Master in Economic Analysis specialized in ...
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51 47. Extensions of Imperfect Competition: Advertising and Price ...
https://uw.pressbooks.pub/microman/chapter/8-3-extensions-of-imperfect-competition-advertising-and-price-discrimination/
Discuss the possible effects of advertising on competition, price, and output. Define price discrimination, list the conditions that make it possible, ...
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52 Define price discrimination - Harper College
http://www2.harpercollege.edu/mhealy/eco211f/micvideonotes10b.html
The effect of perfect price discrimination on efficiency (graph) · Movie theaters: Charge different prices based on age. · Gas stations: Gas stations will charge ...
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53 Third-Degree Price Discrimination - De Gruyter
https://www.degruyter.com/document/doi/10.2202/1935-5041.1030/pdf
2.3 Output effects of price discrimination. Clearly, the monopolist can do no worse under price discrimination than un- der uniform pricing, since by ...
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54 on the welfare effects of price discrimination
https://hal.archives-ouvertes.fr/hal-03515749/file/comp_search_21_03_26.pdf
More recently, the negative distributive effects of price discrimination came to the fore of the regulatory debate.
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55 Price discrimination with producer and consumer transaction ...
https://academicarchive.snhu.edu/bitstream/handle/10474/2412/snhu_00169.pdf?sequence=1
The consideration of these costs alters the impact of first degree price discrimination on social welfare. Bhaskar and To (2004) show that price discrimination ...
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56 The Impact of Price Discrimination on Revenue: Evidence ...
https://www.researchgate.net/publication/24017562_The_Impact_of_Price_Discrimination_on_Revenue_Evidence_from_the_Concert_Industry
price discrimination (Courty and Pagliero, 2008). ... of 28 and for promoters 2 out of 18. ... venues) increases the percentage of variations ...
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57 Pharmaceutical Price Discrimination and Social Welfare
https://www0.gsb.columbia.edu/mygsb/faculty/research/pubfiles/4423/Pharmaceutical%20Price%20Discrimination.pdf
If price discrimination increases CSL and reduces CSH, its net effect on consumer wellbeing is ambiguous. Let CSL,D = consumer surplus of low-income.
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58 Market Power and Price Discrimination - Sciences Po
https://www.sciencespo.fr/department-economics/sites/sciencespo.fr.department-economics/files/Departmental_N_Fabra_EEL_105.pdf
Here, we focus on the impact of forward contracts on the performance of electricity markets, and in particular, on the debate as to how to pay ...
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59 The Law and Economics of Price Discrimination in Modern ...
https://lawreview.law.ucdavis.edu/issues/43/4/articles/43-4_Gifford-Kudrle.pdf
Baker,. Competitive Price Discrimination: The Exercise of Market Power Without Anticompetitive. Effects, 70 ANTITRUST L.J. 643 (2003); William J. Baumol & ...
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60 Second-Degree Price Discrimination by a Two-Sided ...
https://www.tse-fr.eu/sites/default/files/TSE/documents/doc/wp/2016/wp_tse_690.pdf
(JEL codes: D4, D82,. L5, M3). Keywords: platform, price discrimination, two-sided markets, nonresponsiveness, Spence effect. ∗We appreciate ...
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61 The Social Welfare of Price Discrimination
https://mru.org/courses/principles-economics-microeconomics/price-discrimination-social-welfare
How does price discrimination affect output, and what is this effect on social welfare? If price discrimination increases output, it is likely beneficial for ...
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62 Multimarket Competition and Welfare Effects of Price ...
https://www.ehu.eus/iaguirre/W.P.1.pdf
He shows that price discrimination may increase as a market moves from monopoly to duopolistic competition and what determines which regime, uniform pricing or ...
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63 Characteristics and Types of Price Discrimination
https://www.nber.org/system/files/chapters/c0971/c0971.pdf
PRICE discrimination is sometimes defined as the practice of a firm ... by purposes served, effects achieved, or special conditions required.
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64 [PDF] Optimal Platform Price Discrimination and Measuring ...
https://www.semanticscholar.org/paper/Optimal-Platform-Price-Discrimination-and-Measuring-Benzell-Collis/9a6bce8518397ea88251978af6e5af1475bd6d65
Theory suggests that firms with market power should discriminate between users when setting prices or advertising levels. For platforms, this price ...
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65 Impact of Third-Degree Price Discrimination on ... - MDPI
https://mdpi-res.com/d_attachment/mathematics/mathematics-10-01215/article_deploy/mathematics-10-01215-v2.pdf?version=1649659081
Chung (2021) studied the welfare impacts of price discrimination when firms are asymmetric in quality improvement costs, and shows that price ...
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66 Price discrimination
https://www.acm.nl/sites/default/files/old_publication/publicaties/8754_EPN02.pdf
An Economic Policy Note (EPN) contains implications for regulation policy. I. EAT. Page 3. Economic Policy Note, no. 2 ...
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67 The Effects of Price Discrimination on the Elasticity of Demand ...
https://eric.ed.gov/?id=ED150907
The purpose of this study was to determine what effect price discrimination (differential pricing) would have on institutional gross-fee income.
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68 Price Discrimination and Efficiency | Microeconomics
https://courses.lumenlearning.com/wm-microeconomics/chapter/price-discrimination-and-efficiency/
First, the firm needs to have at least some market power. If it has no market power, then it can't charge different prices for different customers. Second, the ...
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69 The Empirical Effects of Competition on Price Discrimination in ...
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2812957
In this new empirical environment, I find results consistent with the airline literature: competition reduces overall price dispersion and ...
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70 The Welfare Effects of Third Degree Price Discrimination In ...
https://www.amazon.com/Welfare-Effects-Discrimination-Intermediate-Markets/dp/150275178X
If the chain's integration threat is not a credible outside option, and if downstream firms cannot coordinate their bargaining strategies, then price ...
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71 Output and Welfare Implications of Oligopolistic Third-Degree ...
https://nagoya.repo.nii.ac.jp/record/24704/file_preview/E17-5.pdf
welfare effects of monopolistic third-degree price discrimination to the case of (sym- metric) oligopoly. In particular, we emphasize the role of ...
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72 The Effect of Input Price Discrimination on Retail Prices
http://chambolle.io/wp-content/uploads/2017/03/ACT-discrim_22_04_19Bergen.pdf
A ban on input price discrimination directly impacts suppliers who sell through competing retailers (e.g. national brand suppliers) but only ...
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73 Monopoly price discrimination (video) | Khan Academy
https://www.khanacademy.org/economics-finance-domain/ap-microeconomics/imperfect-competition/ap-price-discrimination-tutorial/v/monopoly-price-discrimination
› ... › Price discrimination
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74 The Impact of Price Discrimination on ... - Collegio Carlo Alberto
https://www.carloalberto.org/wp-content/uploads/2018/11/no.105.pdf
Concerts for popular music offer a unique environment for the study of price discrimination, first of all because concert pricing provides a textbook ...
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75 Oligopoly price discrimination, competitive pressure and total ...
https://www.econstor.eu/bitstream/10419/204500/1/1677894377.pdf
This paper extends the traditional analysis of the output effect under monopoly (third- degree) price discrimination to a multimarket oligopoly.
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76 The Robinson-Patman Act and the Consumer Effects of Price ...
https://journals.sagepub.com/doi/pdf/10.1177/0003603X15602382
empirical literature on the welfare effects of price discrimination. Keywords price discrimination, Robinson-Patman Act, monopoly, monopsony, welfare.
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77 Why is Price Discrimination Harmful? - The Business Professor
https://thebusinessprofessor.com/principles-of-marketing/why-is-price-discrimination-harmful
Price discrimination is the practice of selling the exact same product to competing wholesalers or retailers at different prices.
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78 Price discrimination and resale: A classroom experiment
https://scholarworks.umass.edu/cgi/viewcontent.cgi?article=1142&context=resec_faculty_pubs
The welfare implications of price discrimination become evident once low-income purchasers are unable to benefit from lower prices in the resale treatment.4 In.
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79 Journal of Technology Law & Policy
https://scholarship.law.ufl.edu/cgi/viewcontent.cgi?article=1156&context=jtlp
G. Price Discrimination Based on Buyers' Search Costs . ... Beyond the worries about the effects of price discrimination on prices is concern that the ...
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80 What is price discrimination and is it ethical? - Econsultancy
https://econsultancy.com/what-is-price-discrimination-and-is-it-ethical/
The Robinson-Patman Act targets anticompetitive effects of differential pricing, but the online market is highly competitive and those effects ...
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81 Appliance Efficiency Standards and Price Discrimination
https://www.osti.gov/servlets/purl/1171529
in second-degree price discrimination, which induces consumers to sort ... the profit impact of cutting costs on efficiency, and the risk of ...
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82 Uniform Pricing Versus Third-Degree Price Discrimination
https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1033&context=cowles-discussion-paper-series
Schmalensee. [1981] compares the output and welfare implications of a single price monopoly, in which the same price is applied to all customer ...
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83 Order Effects, Perfect Foresight and Intertemporal Price ...
https://www.cambridge.org/core/services/aop-cambridge-core/content/view/67A9E2B4520051CECC2B70800A63A0CE/S0770451800082415a.pdf/order_effects_perfect_foresight_and_intertemporal_price_discrimination.pdf
paper is to examine the extent of price discrimination that can take place ... the importance of order effects, relative to demand elasticity, and on the.
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84 Welfare Effects of Price Discrimination by a Regulated ...
https://ora.ox.ac.uk/objects/uuid:545be262-dff2-442b-89c2-0781eae31347
If the cap applies to a price index with weights proportional to demands at uniform prices, then price discrimination benefits consumers as well as the firm.
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85 Price Discrimination: Meaning, Types, Effects - Penpoin
https://penpoin.com/price-discrimination/
Price discrimination refers to the practice of charging different prices to different buyers for the same product.
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86 Price discrimination with congestion effects
https://esploro.libs.uga.edu/esploro/outputs/9949334441802959
I examine a model of price discrimination with congestion and find that when service providers are allowed to sell priority access to networks, ...
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87 Pareto Improving Third-degree Price Discrimination with ...
https://www.daito.ac.jp/att/31017_00.pdf
This paper analyzes the welfare effects of third-degree price discrimination by a monopoly selling a network good in two separate markets.
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88 Does everyone have a price? Understanding people's attitude ...
https://policyreview.info/articles/analysis/does-everyone-have-price-understanding-peoples-attitude-towards-online-and-offline
These welfare effects turn out to be ambiguous. When price discrimination does not lead to substantial market expansion, it often reduces total ...
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89 Price discrimination in financial services
https://www.fca.org.uk/publication/research/price_discrimination_in_financial_services.pdf
But the way in which firms price discriminate so that some consumers pay more (and ... when assessing the effects of price discrimination.
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90 Quality of Information and Oligopolistic Price Discrimination
http://qliu.oucreate.com/info.pdf
not to price discriminate arise in equilibrium; (2) after a unique threshold of ... price discrimination to yield unambiguous price effects.
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91 Market Power, Price Discrimination, and Allocative Efficiency ...
https://www.wiwi.uni-frankfurt.de/profs/inderst/Competition_Policy/price-discrimination_revision.pdf
There, as noted above, a ban on price discrimination also prevents the supplier from shifting output to the more efficient firms. The beneficial effects of ...
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92 Can Price Discrimination be Bad for Firms and Good for All ...
https://mpra.ub.uni-muenchen.de/4575/
The effects of product differentiation and entry costs are analyzed in two games: with and without price discrimination between the markets.
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93 BIG DATA AND DIFFERENTIAL PRICING
https://obamawhitehouse.archives.gov/sites/default/files/whitehouse_files/docs/Big_Data_Report_Nonembargo_v2.pdf
This report considers the implications of big data and customer analytics for ... Differential pricing, or what economists call “price discrimination,” is ...
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