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ralph lauren polo

 
Yann Braouezec
 
''Incomplete third-degree price discrimination, and market partition problem''
( 2009, Vol. 29 No.4 )
 
 
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.
 
 
Keywords: Price discrimination, monopoly, decentralized decision process, optimal partition problem, profit maximization
JEL: L0 - Industrial Organization: General
L1 - Monopoly
 
Manuscript Received : Sep 25 2009 Manuscript Accepted : Nov 20 2009

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