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Econometrica Vol. 52 No. 6 1984

Price Discrimination and Monopolistic Competition

Michael L. Katz

Abstract

[I examine the effects of price discrimination on the equilibrium prices, number of firms, and level of total surplus in a monopolistically competitive market. The main finding is that uniform pricing is more (less) efficient than is price discrimination when the purchases made by the consumers who are discriminated against constitute a small (large) proportion of the total purchases.]

DOI
10.2307/1913515
Volume
52
Issue
6
Pages
1453
Sources
bibtex:phds-export.bib crossref openalex

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