PRICE DISCRIMINATION: A SURVEY OF THE THEORY |
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| Authors: | Louis Phlips |
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| Institution: | CORE, Louvain-la-Neuve, Belgium |
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| Abstract: | Abstract. The purpose of this survey is twofold. First, it introduces the reader to recent developments in the theory of price discrimination. Simultaneously, the exposition aims at being self-contained and accessible to the non-specialist reader. The paper is structured around Pigou's distinction between perfect, second-degree and third-degree price discrimination. |
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| Keywords: | Price discrimination Pigou nonlinear prices Ramsey prices monopoly oligopoly |
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