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ArtikelThird-Degree Price Discrimination in Oligopoly : All-Out Competition and Strategic Commitment  
Oleh: Corts, Kenneth S.
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Rand Journal of Economics vol. 29 no. 2 (1998), page 306-323.
Topik: commitment; price discrimination; oligopoly; competition; strategic commitment
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  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: RR10.2
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelPrice discrimination by imperfectly competitive firms may intensify competition, leading to lower prices for all consumers ; the tradeoff of consumer groups' welfare that is characteristic of monopolistic discrimination need not arise. This escalation of competition may make firms worse off, and as a result firms may wish to avoid the discriminatory outcome. Under conditions similar to those in which unambiguous price and welfare effects may arise, unilateral commitments not to price discriminate - including the adoption of everyday low pricing or no - haggle policies - may raise firm profits by softening price competition.
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