Third-Degree Price Discrimination

Qihong Liu; Konstantinos Serfes

doi:10.2202/1935-5041.1030

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Third-Degree Price Discrimination

Qihong Liu and Konstantinos Serfes

Journal of industrial organization education, v 5(1)

01 Dec 2010

DOI: https://doi.org/10.2202/1935-5041.1030

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Abstract

Economic Education and Teaching of Economics: Graduate (A23)

Economic Education and Teaching of Economics: Undergraduate (A22)

Market Structure, Pricing, and Design: Monopoly (D42)

Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection (D43)

Monopoly

Monopoly, Monopolization Strategies (L12)

Oligopolistic

Oligopoly

Oligopoly and Other Imperfect Markets (L13)

Price Discrimination

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.

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Details

Title: Third-Degree Price Discrimination
Creators: Qihong Liu - Drexel University
Konstantinos Serfes - University of Oklahoma
Publication Details: Journal of industrial organization education, v 5(1)
Resource Type: Journal article
Language: English
Academic Unit: Economics (School of Economics)
Scopus ID: 2-s2.0-79953782018
Other Identifier: 991019173805104721

Third-Degree Price Discrimination

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Abstract

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