Recent advances in the theory of third-degree price discrimination : a nexus to network effects, innovation, and behavioral aspects / Takanori Adachi, Ryo Hashizume, Takeshi Ikeda, Tatsuhiko Nariu, Tomohisa Okada.
2023
HF5417
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Title
Recent advances in the theory of third-degree price discrimination : a nexus to network effects, innovation, and behavioral aspects / Takanori Adachi, Ryo Hashizume, Takeshi Ikeda, Tatsuhiko Nariu, Tomohisa Okada.
Author
Adachi, Takanori, author.
ISBN
9789819932054 (electronic bk.)
981993205X (electronic bk.)
9789819932047
981993205X (electronic bk.)
9789819932047
Published
Singapore : Springer, [2023]
Copyright
©2023
Language
English
Description
1 online resource (xiii, 73 pages) : illustrations (some color).
Item Number
10.1007/978-981-99-3205-4 doi
Call Number
HF5417
Dewey Decimal Classification
338.5/2
Summary
This book provides an updated overview of the recent progress in the theoretical study of third-degree price discrimination. It is a marketing tactic and is said to be present if the unit price is different across different groups of buyers. Its welfare evaluation is often difficult because it entails two countervailing effects: on one hand, it exploits surplus from consumers who have high willingness-to-pay, but on the other hand, it generates gains from trade from consumers who otherwise would not purchase the good. Recognizing this difficulty, we provide new insights on evaluation of third-degree price discrimination in consideration of network effects and vertical product differentiation. Our analysis is particularly useful for the industries related to ICT technologies because these two elements characterize them. Furthermore, we also study the welfare effects of third-degree price discrimination under imperfect competition other than monopoly. At first, it seems that it may complicate the analysis under monopoly. However, we argue that the main thrusts of analysis under monopoly carry over to the case of oligopoly. We also take into account behavioral aspects and their implications for studying third-degree price discrimination. Overall, this book is designed to provide implications for contemporary management and policy issues by advancing theoretical issues in industrial organization.
Bibliography, etc. Note
Includes bibliographical references.
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Access limited to authorized users.
Source of Description
Online resource; title from PDF title page (SpringerLink, viewed July 11, 2023).
Added Author
Hashizume, Ryo, author.
Ikeda, Takeshi, 1968- author.
Nariu, Tatsuhiko, 1952- author.
Okada, Tomohisa, author.
Ikeda, Takeshi, 1968- author.
Nariu, Tatsuhiko, 1952- author.
Okada, Tomohisa, author.
Series
SpringerBriefs in economics. Development Bank of Japan research series. 2367-0975
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