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Price Discrimination and Product Differentiation in Economic Theory: An Early Analysis

92

Citations

0

References

1970

Year

TLDR

The paper reviews the theory of price discrimination, its welfare implications, and product differentiation. The study concludes that early economic theory offers foundational insights into price discrimination and product differentiation. The article is organized into five sections, with the introduction on page 268.

Abstract

I. Introduction, 268. — II. Discrimination and its degrees, 269. — III. The pure theory of discrimination and economic welfare, 271. — IV. Product differentiation, 275. — V. Conclusions, 277.