Is price dispersion always an indication of price discrimination?
It has been established for a long time that there is significant dispersion in prices charged for seemingly homogeneous goods. This may happen in competitive markets because the world is not frictionless, and certainly in other markets where price discrimination is carried out by firms with oligopolistic power. This paper is the first survey of the economic literature on price dispersion that addresses the following three key issues: i) its characteristics as a result of optimizing search behavior; ii) its relevance as a reflection of price discrimination and its consequences for social welfare and policy intervention; and iii) the empirical evidence of price dispersion. By contributing to a better understanding of price dispersion, this survey may help in the design and implementation of competition and anti-trust policies
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2015-01
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Subjects: | DISCRIMINACION DE PRECIOS, PRECIOS, MONOPOLIOS, OLIGOPOLIOS, REGULACION ECONOMICA, PRICE DISCRIMINATION, PRICES, MONOPOLIES, OLIGOPOLIES, ECONOMIC REGULATION, |
Online Access: | https://hdl.handle.net/11362/37677 |
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dig-cepal-11362-376772023-01-23T13:01:24Z Is price dispersion always an indication of price discrimination? Alberro, José Luis Higgins, Richard DISCRIMINACION DE PRECIOS PRECIOS MONOPOLIOS OLIGOPOLIOS REGULACION ECONOMICA PRICE DISCRIMINATION PRICES MONOPOLIES OLIGOPOLIES ECONOMIC REGULATION It has been established for a long time that there is significant dispersion in prices charged for seemingly homogeneous goods. This may happen in competitive markets because the world is not frictionless, and certainly in other markets where price discrimination is carried out by firms with oligopolistic power. This paper is the first survey of the economic literature on price dispersion that addresses the following three key issues: i) its characteristics as a result of optimizing search behavior; ii) its relevance as a reflection of price discrimination and its consequences for social welfare and policy intervention; and iii) the empirical evidence of price dispersion. By contributing to a better understanding of price dispersion, this survey may help in the design and implementation of competition and anti-trust policies 2015-02-10T12:32:02Z 2015-02-10T12:32:02Z 2015-01 Texto Documento Completo https://hdl.handle.net/11362/37677 LC/L.3945 LC/MEX/L.1173 en Serie Estudios y Perspectivas (México, DF) 160 .pdf 37 páginas. application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN ECLAC |
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DISCRIMINACION DE PRECIOS PRECIOS MONOPOLIOS OLIGOPOLIOS REGULACION ECONOMICA PRICE DISCRIMINATION PRICES MONOPOLIES OLIGOPOLIES ECONOMIC REGULATION DISCRIMINACION DE PRECIOS PRECIOS MONOPOLIOS OLIGOPOLIOS REGULACION ECONOMICA PRICE DISCRIMINATION PRICES MONOPOLIES OLIGOPOLIES ECONOMIC REGULATION |
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DISCRIMINACION DE PRECIOS PRECIOS MONOPOLIOS OLIGOPOLIOS REGULACION ECONOMICA PRICE DISCRIMINATION PRICES MONOPOLIES OLIGOPOLIES ECONOMIC REGULATION DISCRIMINACION DE PRECIOS PRECIOS MONOPOLIOS OLIGOPOLIOS REGULACION ECONOMICA PRICE DISCRIMINATION PRICES MONOPOLIES OLIGOPOLIES ECONOMIC REGULATION Alberro, José Luis Higgins, Richard Is price dispersion always an indication of price discrimination? |
description |
It has been established for a long time that there is significant dispersion in prices charged for seemingly homogeneous goods. This may happen in competitive markets because the world is not frictionless, and certainly in other markets where price discrimination is carried out by firms with oligopolistic power. This paper is the first survey of the economic literature on price dispersion that addresses the following three key issues: i) its characteristics as a result of optimizing search behavior; ii) its relevance as a reflection of price discrimination and its consequences for social welfare and policy intervention; and iii) the empirical evidence of price dispersion. By contributing to a better understanding of price dispersion, this survey may help in the design and implementation of competition and anti-trust policies |
format |
Texto |
topic_facet |
DISCRIMINACION DE PRECIOS PRECIOS MONOPOLIOS OLIGOPOLIOS REGULACION ECONOMICA PRICE DISCRIMINATION PRICES MONOPOLIES OLIGOPOLIES ECONOMIC REGULATION |
author |
Alberro, José Luis Higgins, Richard |
author_facet |
Alberro, José Luis Higgins, Richard |
author_sort |
Alberro, José Luis |
title |
Is price dispersion always an indication of price discrimination? |
title_short |
Is price dispersion always an indication of price discrimination? |
title_full |
Is price dispersion always an indication of price discrimination? |
title_fullStr |
Is price dispersion always an indication of price discrimination? |
title_full_unstemmed |
Is price dispersion always an indication of price discrimination? |
title_sort |
is price dispersion always an indication of price discrimination? |
publisher |
ECLAC |
publishDate |
2015-01 |
url |
https://hdl.handle.net/11362/37677 |
work_keys_str_mv |
AT alberrojoseluis ispricedispersionalwaysanindicationofpricediscrimination AT higginsrichard ispricedispersionalwaysanindicationofpricediscrimination |
_version_ |
1756041409645772801 |