This volume brings together the most significant articles which
have appeared over the past three decades analyzing the application
and effects of price discrimination. Discrimination is a pervasive
marketing practice that survives despite the attempts of regulators
to limit or eliminate its use; it is widespread also in
oligopolistic and imperfectly competitive markets. It is a practice
used by firms in pricing their products over product dimensions
such as space, time and quality, and it affects the ability of
firms to compete in other firms' markets or to protect their own.
This collection of articles by leading authors in the field
highlights what we know of the motivations for and the welfare
implications of price discrimination. It also presents a blueprint
for further work in this important area.
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