Spatial Price Discrimination with Heterogeneous Products
Product heterogeneity is introduced into the context of spatial pri ce discrimination. Many of the strong properties of the standard homogeneous goods case (which attains as a limit case here) are shown to no longer be valid. In particular, the social optimum is no longer sustainable as a market equilibrium unless products are either identical or very different. Copyright 1988 by The Review of Economic Studies Limited.
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Volume (Year): 55 (1988)
Issue (Month): 4 (October)
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