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| Yann Braouezec |
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| ''Incomplete third-degree price discrimination, and market partition problem'' |
| ( 2009, Vol. 29 No.4 ) |
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| We introduce in this paper the "incomplete" third-degree price discrimination, which is the situation where a monopolist must charge at most k different prices while the total market is composed of n markets, with n>k. We thus study the optimal partition problem of the n markets in k groups. As a byproduct, when k=2, we are able to reconsider the so-called (Robinsonian) weak-strong partition. |
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| Keywords: Price discrimination, monopoly, decentralized decision process, optimal partition problem, profit maximization |
JEL:
L1 - Monopoly |
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| Manuscript Received : Sep 25 2009 | | Manuscript Accepted : Nov 20 2009 |
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