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Price discrimination and equilibrium in monopolistic competition

Author

Listed:
  • MACLEOD, W.B.
  • NORMAN, G.
  • THISSE, Jacques-François

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.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • MACLEOD, W.B. & NORMAN, G. & THISSE, Jacques-François, 1992. "Price discrimination and equilibrium in monopolistic competition," CORE Discussion Papers RP 1021, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  • Handle: RePEc:cor:louvrp:1021
    Note: In : Market Strategy and Structure, edited by J.M. Alec Gee and George Norman, New York, Harvester, 184-200, 1992
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    File URL: http://dx.doi.org/10.1016/S0167-7187(88)80002-X
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    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L68 - Industrial Organization - - Industry Studies: Manufacturing - - - Appliances; Furniture; Other Consumer Durables

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