AbstractA monopolist deliberately charges the same price for differentiated products when high quality products are more likely to be allocated to low type consumers under uniform pricing. The argument can explain the use of ‘unpriced quality’ for concert tickets, sport events, and in many other situations.
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Bibliographic InfoPaper provided by European University Institute in its series Economics Working Papers with number ECO2009/16.
Date of creation: 2009
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Price discrimination; second degree price discrimination; queuing; rationing;
Other versions of this item:
- D42 - Microeconomics - - Market Structure and Pricing - - - Monopoly
- D45 - Microeconomics - - Market Structure and Pricing - - - Rationing; Licensing
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