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However, a better policy of price discrimination would benefit to both patients and companies.
A company must have some degree of market power to practice price discrimination.
Any company that has market power can engage in price discrimination.
Let me refer you to a section on price discrimination, page 382.
The effects of price discrimination on social efficiency are unclear.
However, some might construe this as a form of price discrimination.
There are two conditions that must be met if a price discrimination scheme is to work.
You can therefore think of this as a price discrimination problem with one producer and two markets.
There are three conditions that must be present for a company to engage in successful price discrimination.
It should not be confused with the separate economic concept of price discrimination.
By contrast, in the most competitive industries, there is no price discrimination.
This kind of price discrimination is largely and widely used by rental car companies.
Dynamic pricing is a new version of an old practice: price discrimination.
But the aggressive use of price discrimination makes many educators uneasy.
Areas in which this price discrimination is seen range from transportation to pharmaceuticals.
Output can be expanded when price discrimination is very efficient.
From the economist's perspective, such price discrimination is not undesirable.
What they are doing to Ukraine is obvious price discrimination."
It may also be viewed as a participative form of price discrimination.
"As long as there are differences between national markets, then price discrimination is possible."
Third degree price discrimination is the most prevalent type.
Successful price discrimination requires that companies separate consumers according to their willingness to buy.
The purpose of price discrimination is generally to capture the market's consumer surplus.
The stronger argument against gray markets is based on what economists call price discrimination.
Then there is the trend economists call "price discrimination."