Bergemann, Dirk; Brooks, Benjamin; Morris, Stephen - Cowles Foundation for Research in Economics, Yale University - 2013
.e., carry out "third degree price discrimination." We show that the segmentation and pricing induced by the additional … efficient gains from trade. As well as characterizing the welfare impact of price discrimination, we examine the limits of how … prices and quantities can change under price discrimination. We also examine the limits of price discrimination in richer …