Direct Welfare Analysis of Relative Price Regulation

John Vickers

Journal of Industrial Economics, 2020, vol. 68, issue 1, 40-51

Abstract: The paper synthesizes and develops the welfare analysis of regulating relative prices, for example price differences, of which banning price discrimination is a special case. Welfare results are derived directly by convexity arguments using functions of welfare levels. The method is also used to obtain results about effects on consumer surplus.

Date: 2020
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https://doi.org/10.1111/joie.12217

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Working Paper: Direct welfare analysis of relative price regulation (2017)
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