Encaoua, David; Hollander, Abraham - Maison des Sciences Économiques, Université Paris 1 … - 2004
discrimination leading to personalized prices is the perfect equilibrium of the two-stage game where firms choose at the first stage … or smaller under discrimination than under uniform pricing depends on the quality gap between firms and on the disparity … of consumer preferences. Finally, firms engaged in first degree discrimination choose quality levels that are optimal …