ADACHI, TAKANORI; MATSUSHIMA, NORIAKI - In: Economic Inquiry 52 (2014) 3, pp. 1231-1244
type="main" xml:lang="en" <p>This article examines the welfare effects of third-degree price discrimination under oligopolistic competition with horizontal product differentiation. We derive a necessary and sufficient condition for price discrimination to improve social welfare: the degree of...</p>