On the Inefficiency of Perfect Price Discrimination

In a general equilibrium model with at least three goods, a perfectly price-discriminating monopoly (PDM) selects an inefficient production plan even if consumers are homogenous, their preferences are representable by quasi-linear utilities, and their characteristics are known to the monopolist. In the same setting, regulation via a two-part tariff induces an efficient equilibrium allocation

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Year of publication:	[2021]
Authors:	Bejan, Camelia
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Preisdifferenzierung \| Price discrimination

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Extent:	1 Online-Ressource (11 p)
Series:	Economics Letters
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 4, 2021 erstellt
Other identifiers:	10.2139/ssrn.3918789 [DOI]
Classification:	D21 - Firm Behavior ; D52 - Incomplete Markets ; G20 - Financial Institutions and Services. General ; L21 - Business Objectives of the Firm
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013212990