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The Economics of Price Discrimination - Louis Phlips

The Economics of Price Discrimination

Paperback

Published: 30th June 1983
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This book offers a theoretical and unified explanation of how prices are determined in practice. Pricing, as observed in real life, turns out to be almost discriminatory. Four broad areas are covered: the spatial pricing of bulky products (Part I); the intertemporal pricing of storable goods, exhaustible resources, new durables, and nonstorable goods and services (Part II); two-part tariffs, commodity bundling, tie-ins, and nonlinear prices in general (Part III); and pricing of goods of different quality (Part IV). Each essay contains an introductory chapter describing the business practices that are to be rationalized and evaluated. This is the first unified treatment of a recent and growing body of literature in the 'new industrial organization' field. It fills the gap between textbook microeconomics and real-life antitrust cases. The treatment is as nontechnical and down to earth as possible to permit a wide audience for this comprehensive discussion of industrial pricing.

List of figures and tables
Preface
Preliminaries
Space
Business practices
The isolated firm
A group of firms
Welfare implications
Time
Business practices
Storable commodities
New commodities
Nonstorable commodities
Income Differences
Business practices
Two-part tariffs and quantity-dependent prices
Multiproduct pricing
Imperfect information
Quality Differences
Business practices
Product selection
Quality uncertainty
Notes
References
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521283946
ISBN-10: 0521283949
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 300
Published: 30th June 1983
Publisher: CAMBRIDGE UNIV PR
Country of Publication: GB
Dimensions (cm): 23.5 x 14.61  x 1.91
Weight (kg): 0.45