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ON THE WELFARE EFFECTS OF REGULATING PRICE-DISCRIMINATION

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UNSPECIFIED (1992) ON THE WELFARE EFFECTS OF REGULATING PRICE-DISCRIMINATION. In: 1990 ANNUAL CONF OF THE EUROPEAN ECONOMIC ASSOC, AUG, 1990, LISBON, PORTUGAL.

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Abstract

In a model with linear demands and constant variable costs, it is shown that a welfare gain is made by restricting the relative rather than absolute prices that a monopolist can charge for a range of products. The nature of this class of restrictions is considered. One application might occur if cost levels are unknown to the regulatory authority but costs are known to be linear functions of product characteristics.

Item Type: Conference Item (UNSPECIFIED)
Subjects: H Social Sciences > HG Finance
H Social Sciences > HC Economic History and Conditions
Journal or Publication Title: JOURNAL OF INDUSTRIAL ECONOMICS
Publisher: BLACKWELL PUBL LTD
ISSN: 0022-1821
Date: September 1992
Volume: 40
Number: 3
Number of Pages: 12
Page Range: pp. 237-248
Publication Status: Published
Title of Event: 1990 ANNUAL CONF OF THE EUROPEAN ECONOMIC ASSOC
Location of Event: LISBON, PORTUGAL
Date(s) of Event: AUG, 1990
URI: http://wrap.warwick.ac.uk/id/eprint/21869

Data sourced from Thomson Reuters' Web of Knowledge

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