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Welfare Effects of Third-Degree Price Discrimination: Ippolito Meets Schmalensee and Varian
(2011-10)
Based on a pioneering work by Ippolito (1980) we construct a simple model wich allows the welfare effects of third-degree price discrimination to be well understood and explained. The decomposition of the change in welfare ...
Joan Robinson Was Almost Right: Output under Third-Degree Price Discrimination
(2009-12)
In this paper, we show that in order for third-degree price discrimination to increase total output, the demands of the strong markets should be, as conjectured by Robinson (1933), more concave than the demands of the weak ...
Monopoly Price Discrimination and Demand Curvature
(2009-08)
This paper presents a general analysis of the effects of monopolistic third-degree price discrimination on welfare and oputput when all markets are served. Sufficient conditions -involving straightforward comparisons of ...
Monopoly price discrimination with constant elasticity demand
(Departamento de Fundamentos del Análisis Económico I, 2013-11)
This paper presents new results on the welfare e¤ects of third-degree price discrimination under constant elasticity demand. We show that when both the share of the strong market under uniform pricing and the elasticity ...
On the economics of the "meeting competition defense" under the Robinson-Patman Act
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2015-02-19)
In this paper we analyze the welfare effects of third-degree price discrimination when competitive pressure varies across markets. In particular, we study the economic aspects of the Robinson-Patman Act associated with the ...
Countervailing incentives in adverse selection models. A synthesis
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-12)
In this paper we propose a simple method of characterizing countervailing incentives in adverse selection problems. The key element in our characterization consists of analyzing properties of the full information
problem. ...