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A model of third-degree price discrimination with positive welfare effects

Abstract:
Monopoly third-degree price discrimination raises social welfare above the level with a uniform price when direct demand functions have constant curvatures that differ across markets and are below 1, and the maximum willingness to pay is identical across markets.
Publication status:
Published

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Publisher:
University of Oxford
Series:
Department of Economics Discussion Paper Series
Publication date:
2017-08-16
Paper number:
829


Pubs id:
1143554
Local pid:
pubs:1143554
Deposit date:
2020-12-14

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