Most Downloaded Articles
- The Intuitive and Divinity Criterion: Interpretation and Step-by-Step Examples by Munoz-Garcia, Felix and Espinola-Arredondo, Ana
- How Do We Get Cobb-Douglas and Leontief Functions from CES Function: A Lecture Note on Discrete and Continuum Differentiated Object Models by Saito, Tetsuya
- A Flexible Oligopoly-Oligopsony Model for Classroom Simulations and Policy Analyses by Saitone, Tina L and Sexton, Richard J.
- An Instructional Exercise in Price Controls: Product Quality, Misallocation, and Public Policy by Weisman, Dennis L./ Sanders, Shane D. and Moundigbaye, Mantobaye
- Competition and Innovation by Gilbert, Richard J
Third-Degree Price Discrimination
1University of Oklahoma
Citation Information: Journal of Industrial Organization Education. Volume 5, Issue 1, Pages 1–23, ISSN (Online) 1935-5041, DOI: 10.2202/1935-5041.1030, March 2011
- Published Online:
This lecture deals with third-degree price discrimination in both monopolistic and oligopolistic markets. The classical monopoly paradigm serves as a benchmark. Next, we move to an oligopoly setting, first with best-response symmetry, then with best-response asymmetry. We end with behavior-based price discrimination. This lecture targets advanced undergraduate and graduate students.