Price Discrimination and Equilibrium in Monopolistic Competition

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Price Discrimination and Equilibrium in Monopolistic Competition

Author Info

W. B. MacLeod
G. Norman
J.F. Thisse

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Abstract

Modern theories of monopolistic competition have borrowed extensively from techniques developed in location theory and the theory of spatial pricing. A subject of concern is that there exists no free-entry price-location equilibrium. We demonstrate its existence, provided only that producers are allowed to price discriminate among consumers.

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Publisher Info
Paper provided by Queen's University, Department of Economics in its series Working Papers with number 701.

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Length: 32 pages
Date of creation: 1987
Date of revision:
Handle: RePEc:qed:wpaper:701

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Article
- MacLeod, W.B. & Norman, G. & Thisse, J.-F., 1988. "Price discrimination and equilibrium in monopolistic competition," International Journal of Industrial Organization, Elsevier, vol. 6(4), pages 429-446. [Downloadable!] (restricted)

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Alberto Iozzi, 2000. "Prices And Locations In A Spatial Duopoly Under Uniform Delivered Pricing," Departmental Working Papers 128, Tor Vergata University, CEIS. [Downloadable!]
Sílvia Ferreira Jorge & Cesaltina Pacheco Pires, 2004. "Delivered versus Mill Nonlinear Pricing in Free Entry Markets," Microeconomics 0409006, EconWPA. [Downloadable!]
Other versions:
- Jorge, Silvia Ferreira & Pires, Cesaltina Pacheco, 2004. "Delivered versus Mill Nonlinear Pricing in Free Entry Markets," FEUNL Working Paper Series wp459, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
- Sílvia Jorge & Cesaltina Pires, 2004. "Delivered versus Mill Nonlinear Pricing in Free Entry Markets," Working Papers de Economia (Economics Working Papers) 22, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro. [Downloadable!]
Iozzi Alberto, 2000. "Spatial Duopoly Under Uniform Delivered Pricing When Firms Avoid Turning Customers Away," Departmental Working Papers 129, Tor Vergata University, CEIS. [Downloadable!]
Other versions:
- Alberto Iozzi, 2003. "Spatial Duopoly under Uniform Delivered Pricing when Firms Avoid Turning Customers Away," CEIS Research Paper 11, Tor Vergata University, CEIS. [Downloadable!]
- Alberto Iozzi, 2004. "Spatial duopoly under uniform delivered pricing when firms avoid turning customers away," The Annals of Regional Science, Springer, vol. 38(3), pages 513-529, 09. [Downloadable!] (restricted)
Stewart, Hayden & Davis, David E., 2005. "Price Dispersion and Accessibility: A Case study of Fast Food," MPRA Paper 7970, University Library of Munich, Germany. [Downloadable!]
Other versions:
- Stewart, Hayden & Davis, David E., 2005. "Price Dispersion and Accessibility: A Case study of Fast Food," MPRA Paper 7617, University Library of Munich, Germany. [Downloadable!]
George Norman & Jacques-François Thisse, 1998. "Should Pricing Policies be Regulated when Firms may Tacitly Collude?," Discussion Papers Series, Department of Economics, Tufts University 9803, Department of Economics, Tufts University. [Downloadable!]
George Norman & Jacques-François Thisse, 1998. "Technology Choice and Market Structure: Strategic Aspects of Flexible Manufacturing," Discussion Papers Series, Department of Economics, Tufts University 9808, Department of Economics, Tufts University. [Downloadable!]
Other versions:
- Norman, F & Thisse, J-F, 1996. "Technology Choice and Market Structure : Strategic Aspects of Flexible Manufacturing," Papers 9659, Catholique de Louvain - Center for Operations Research and Economics.
- Norman, George & Thisse, Jacques-Francois, 1999. "Technology Choice and Market Structure: Strategic Aspects of Flexible Manufacturing," Journal of Industrial Economics, Blackwell Publishing, vol. 47(3), pages 345-72, September. [Downloadable!] (restricted)
George Norman, 2000. "The Relative Advantages of Flexible versus Designated Manufacturing Technologies," Discussion Papers Series, Department of Economics, Tufts University 0019, Department of Economics, Tufts University. [Downloadable!]
Sebastien Steinmetz & Yves Zenou, 2001. "On the Existence of Spatial Monopolies Under Free Entry," Economics Bulletin, Economics Bulletin, vol. 4, pages 1-10. [Downloadable!]
Other versions:
- Steinmetz, S. & Zenou, Y., 1999. "On the Existence of Spatial Monopolices Under Free Entry," Papers 9901, Catholique de Louvain - Center for Operations Research and Economics.

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