Monopolistic price discrimination and output effect under conditions of constant elasticity demand
The paper proves that monopolistic price discrimination increases output under conditions of constant demand elasticity. The demonstration is simpler than that of Formby, Layson and Smith (1983)
Volume (Year): 4 (2006)
Issue (Month): 23 ()
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References listed on IDEAS
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- W. Leontief, 1940. "The Theory of Limited and Unlimited Discrimination," The Quarterly Journal of Economics, Oxford University Press, vol. 54(3), pages 490-501.
- Schmalensee, Richard, 1981.
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- Greenhut, M L & Ohta, H, 1976. "Joan Robinson's Criterion for Deciding Whether Market Discriminntion Reduces Output," Economic Journal, Royal Economic Society, vol. 86(341), pages 96-97, March. Full references (including those not matched with items on IDEAS)