Publication Date:
2004
abstract:
It is known that monopolistic third-degree price discrimination decreases aggregate welfare if total output falls. In contrast to Adachi (this Journal, 2002), this note shows that welfare must decrease under price discrimination even if total output remains constant.
Iris type:
1.1 Articolo in rivista
Keywords:
PRICE DISCIMINATION; HICKSIAN EQUIVALENT VARIATION; PAASCHE PRICE VARIATION
List of contributors:
Bertoletti, Paolo
Published in: