Kuang, Zhonghong; Li, Sanxi; Liu, Yi; Yu, Yang - 2022
deviation to another market. In every stable market segmentation, (i) the producer surplus remains at the uniform monopoly level …, (ii) the consumer surplus takes a value between the buyer-optimal level and the uniform monopoly level, and (iii) no … consumer is worse off than the uniform monopoly. Therefore, our results justify the Pareto optimum of price discrimination and …