Monopoly Price Discrimination and Demand Curvature.¶
Aguirre, I., Cowan, S., & Vickers, J. (2010). Monopoly Price Discrimination and Demand Curvature. American Economic Review, 100(4), 1601-1615.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Price Discrimination
- Historical analysis and modern research on demand curvature in price discrimination contexts appears in Aguirre, Cowan, and Vickers (2010), and Ekelund and Hébert (2002) trace the intellectual history from Dupuit onward.)
This sourceProvides general sufficient conditions, in terms of curvatures of direct and inverse demand, for third-degree price discrimination to raise or lower welfare and output relative to uniform pricing.
Supported in partVerified against the publisher's abstract
The abstract confirms the paper gives curvature-based conditions for third-degree price discrimination to raise or lower welfare and output, but says nothing of historical analysis.
“Sufficient conditions—involving straightforward comparisons of the curvatures of the direct and inverse demand functions in the different markets—are presented for discrimination to have negative or positive effects on social welfare and output.”
- Historical analysis and modern research on demand curvature in price discrimination contexts appears in Aguirre, Cowan, and Vickers (2010), and Ekelund and Hébert (2002) trace the intellectual history from Dupuit onward.)
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