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Oligopoly price discrimination with many prices

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  • Hazledine, Tim

Abstract

The model of price discrimination in Cournot-Nash oligopoly is extended to the case of many prices, analogous to 1st degree monopoly price discrimination. In the limit all viable customers are served, but the price charged the keenest customers is well below the highest price charged by a monopoly.

Suggested Citation

  • Hazledine, Tim, 2010. "Oligopoly price discrimination with many prices," Economics Letters, Elsevier, vol. 109(3), pages 150-153, December.
    • Handle: RePEc:eee:ecolet:v:109:y:2010:i:3:p:150-153
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    References listed on IDEAS

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    1. Tim Hazledine, 2010. "Pricing, Competition and Policy in Australasian Air Travel Markets," Journal of Transport Economics and Policy, University of Bath, vol. 44(1), pages 37-58, January.
    2. Levent Kutlu, 2009. "Price Discrimination In Stackelberg Competition," Journal of Industrial Economics, Wiley Blackwell, vol. 57(2), pages 364-364, June.
    3. Hazledine, Tim, 2006. "Price discrimination in Cournot-Nash oligopoly," Economics Letters, Elsevier, vol. 93(3), pages 413-420, December.
    4. David M. Kreps & Jose A. Scheinkman, 1983. "Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes," Bell Journal of Economics, The RAND Corporation, vol. 14(2), pages 326-337, Autumn.
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    Cited by:

    1. Diego Escobari & Jim Lee, 2014. "Demand uncertainty and capacity utilization in airlines," Empirical Economics, Springer, vol. 47(1), pages 1-19, August.
    2. Rajnish Kumar & Levent Kutlu, 2016. "Price Discrimination in Quantity Setting Oligopoly," Manchester School, University of Manchester, vol. 84(4), pages 482-505, July.
    3. Juan Pedro Aznar Alarcon, 2024. "COVID-19 and Its Effects on Rent Prices for the Hospitality Industry: An Economic Model for the Rebus Sic Stantibus Clause," Studies in Microeconomics, , vol. 12(3), pages 308-325, December.
    4. Levent Kutlu, 2017. "A conduct parameter model of price discrimination," Scottish Journal of Political Economy, Scottish Economic Society, vol. 64(5), pages 530-536, November.
    5. Aguirre, Iñaki, 2019. "Oligopoly price discrimination, competitive pressure and total output," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 13, pages 1-16.
    6. Devin Garcia & Levent Kutlu & Robin C. Sickles, 2022. "Market Structures in Production Economics," Springer Books, in: Subhash C. Ray & Robert G. Chambers & Subal C. Kumbhakar (ed.), Handbook of Production Economics, chapter 13, pages 537-574, Springer.
    7. Levent Kutlu & Robin C. Sickles, 2017. "Measuring market power when firms price discriminate," Empirical Economics, Springer, vol. 53(1), pages 287-305, August.
    8. Tim Hazledine, 2017. "Mixed pricing in monopoly and oligopoly: theory and implications for merger analysis," New Zealand Economic Papers, Taylor & Francis Journals, vol. 51(2), pages 122-135, May.
    9. Tim Hazledine, 2011. "Price discrimination in Australasian air travel markets," New Zealand Economic Papers, Taylor & Francis Journals, vol. 45(3), pages 311-324, July.

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