Third-Degree Price Discrimination
Qihong Liu () and
Konstantinos Serfes ()
Journal of Industrial Organization Education, 2011, vol. 5, issue 1, 1-23
Abstract:
This lecture deals with third-degree price discrimination in both monopolistic and oligopolistic markets. The classical monopoly paradigm serves as a benchmark. Next, we move to an oligopoly setting, first with best-response symmetry, then with best-response asymmetry. We end with behavior-based price discrimination. This lecture targets advanced undergraduate and graduate students.
Keywords: third-degree price discrimination; best-response asymmetry; price discrimination by purchase history (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:jioedu:v:5:y:2011:i:1:n:5
DOI: 10.2202/1935-5041.1030
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