Recent Advances in the Theory of Third-Degree Price Discrimination

A Nexus to Network Effects, Innovation, and Behavioral Aspects de

Éditeur :

Springer


Collection :

SpringerBriefs in Economics

Paru le : 2023-07-06

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Description

?This book provides an updated overview of the recent progress in the theoretical study of third-degree price discrimination. It is a marketing tactic and is said to be present if the unit price is different across different groups of buyers. Its welfare evaluation is often difficult because it entails two countervailing effects: on one hand, it exploits surplus from consumers who have high willingness-to-pay, but on the other hand, it generates gains from trade from consumers who otherwise would not purchase the good. Recognizing this difficulty, we provide new insights on evaluation of third-degree price discrimination in consideration of network effects and vertical product differentiation. Our analysis is particularly useful for the industries related to information and communication technologies (ICT) because these two elements characterize them. Furthermore, we also study the welfare effects of third-degree price discrimination under imperfect competition other than monopoly.At first, it seems that it may complicate the analysis under monopoly. However, we argue that the main thrusts of analysis under monopoly carry over to the case of oligopoly. We also take into account behavioral aspects and their implications for studying third-degree price discrimination. Overall, this book is designed to provide implications for contemporary management and policy issues by advancing theoretical issues in industrial organization.
Pages
73 pages
Collection
SpringerBriefs in Economics
Parution
2023-07-06
Marque
Springer
EAN papier
9789819932047
EAN PDF
9789819932054

Informations sur l'ebook
Nombre pages copiables
0
Nombre pages imprimables
7
Taille du fichier
2058 Ko
Prix
52,74 €
EAN EPUB
9789819932054

Informations sur l'ebook
Nombre pages copiables
0
Nombre pages imprimables
7
Taille du fichier
5253 Ko
Prix
52,74 €