This paper extends the traditional model of third degree price discrimination which assumes complete separation between markets to the case where markets are only one-way separated. In two periods of time one can carry over quantities of the product from the present to the future but not vice versa. We show that this model provides a wide framework for analysis of several promotional marketing strategies.
|Number of pages||12|
|Journal||International Journal of the Economics of Business|
|State||Published - 1 Nov 1995|
- Intertemporal price discrimination
- Learning by consumption
- degree monopoly