| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5061182 | Economics Letters | 2010 | 4 Pages |
Abstract
The model of price discrimination in Cournot-Nash oligopoly is extended to the case of many prices, analogous to 1st degree monopoly price discrimination. In the limit all viable customers are served, but the price charged the keenest customers is well below the highest price charged by a monopoly.
Research HighlightsâºPrice discrimination in oligopoly extended to many prices. âºRelationship between number of firms and average price unchanged. âºIn the limit all viable customers are served. âºBut not all surplus is extracted by the sellers.
Keywords
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Tim Hazledine,