Chapter Twenty-Five Monopoly Behavior 垄断行为
Chapter Twenty-Five Monopoly Behavior 垄断行为
How Should a monopoly Price? So far a monopoly has been thought of as a firm which has to sell its product at the same price to every customer. This is uniform pricing Can price-discrimination(差别定价 earn a monopoly higher profits?
How Should a Monopoly Price? So far a monopoly has been thought of as a firm which has to sell its product at the same price to every customer. This is uniform pricing. Can price-discrimination （差别定价 ）earn a monopoly higher profits?
Structure First-degree price discrimination Second-degree price discrimination Third-degree price discrimination Bundling Two-part tariff
Structure First-degree price discrimination Second-degree price discrimination Third-degree price discrimination Bundling Two-part tariff
Types of Price Discrimination 1st-degree: Each output unit is sold at a different price. Prices may differ across buvers 2nd-degree: The price paid by a buyer can vary with the quantity demanded by the buyer. But all customers face the same price schedule. E.g. bulk-buying discounts
Types of Price Discrimination 1st-degree: Each output unit is sold at a different price. Prices may differ across buyers. 2nd-degree: The price paid by a buyer can vary with the quantity demanded by the buyer. But all customers face the same price schedule. E.g. bulk-buying discounts
Types of Price Discrimination 3rd-degree: Price paid by buyers in a given group is the same for all units purchased. But price may differ across buyer groups E.g., senior citizen and student discounts vs, no discounts for middle-aged persons
Types of Price Discrimination 3rd-degree: Price paid by buyers in a given group is the same for all units purchased. But price may differ across buyer groups. E.g., senior citizen and student discounts vs. no discounts for middle-aged persons