Price Discrimination

Bhattacharya, Rajeev R.

Price Discrimination

Palgrave Encyclopedia of Strategic Management, Eds. Mie Augier, David J. Teece, ISBN 978-1-137-49190-9, Palgrave Macmillan UK, 2016

2 Pages Posted: 8 Jun 2017

See all articles by Rajeev R. Bhattacharya

Rajeev R. Bhattacharya

Washington Finance and Economics

Date Written: 2014

Abstract

Price discrimination requires sufficient separability of customers, sufficiently high costs of arbitrage and sufficient market power. It involves transferability of the good and/or transferability of demand. It can be categorized as first degree (or perfect), second degree (or self-selection), or third degree (multimarket). Its impact on consumer surplus is ambiguous.

Keywords: Price Discrimination, Market Power, Pricing, First Degree, Second Degree, Third Degree, Multimarket

JEL Classification: D21, D42, D43

Suggested Citation: Suggested Citation

Bhattacharya, Rajeev, Price Discrimination (2014). Palgrave Encyclopedia of Strategic Management, Eds. Mie Augier, David J. Teece, ISBN 978-1-137-49190-9, Palgrave Macmillan UK, 2016, Available at SSRN: https://ssrn.com/abstract=2981084