Liu, Qihong; Serfes, Konstantinos - In: Journal of Industrial Organization Education 5 (2011) 1, pp. 1-23
This lecture deals with third-degree price discrimination in both monopolistic and oligopolistic markets. The classical monopoly paradigm serves as a benchmark. Next, we move to an oligopoly setting, first with best-response symmetry, then with best-response asymmetry. We end with behavior-based...