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Recent Advances in the Theory of Third Degree Price Discrimination A Nexus to Network Effects Innovation and Behavioral Aspects 1st Edition by Takanori Adachi, Ryo Hashizume, Takeshi Ikeda, Tatsuhiko Nariu, Tomohisa Okada ISBN 9789819932047 981993205X

Name: Recent Advances in the Theory of Third Degree Price Discrimination A Nexus to Network Effects Innovation and Behavioral Aspects 1st Edition by Takanori Adachi, Ryo Hashizume, Takeshi Ikeda, Tatsuhiko Nariu, Tomohisa Okada ISBN 9789819932047 981993205X
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Recent Advances in the Theory of Third-Degree Price Discrimination: A Nexus to Network Effects, Innovation, and Behavioral Aspects (SpringerBriefs in Economics) Takanori Adachi Digital Instant Download

Author(s): Takanori Adachi, Ryo Hashizume, Takeshi Ikeda, Tatsuhiko Nariu, Tomohisa Okada

ISBN(s): 9789819932054, 9789819932047, 981993205X, 9819932041

Edition: 1st ed. 2023

File Details: EPUB, 5.15 MB

Year: 2023

Language: English

SKU: EB-51137852 Category: Uncategorized Tags: Ryo Hashizume, Takanori Adachi, Takeshi Ikeda, Tatsuhiko Nariu, Tomohisa Okada

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Recent Advances in the Theory of Third Degree Price Discrimination A Nexus to Network Effects Innovation and Behavioral Aspects 1st Edition by Takanori Adachi, Ryo Hashizume, Takeshi Ikeda, Tatsuhiko Nariu, Tomohisa Okada – Ebook PDF Instant Download/Delivery: 9789819932047 ,981993205X
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ISBN 10: 981993205X
ISBN 13: 9789819932047
Author: Takanori Adachi, Ryo Hashizume, Takeshi Ikeda, Tatsuhiko Nariu, Tomohisa Okada

This book provides an updated overview of the recent progress in the theoretical study of third-degree price discrimination. It is a marketing tactic and is said to be present if the unit price is different across different groups of buyers. Its welfare evaluation is often difficult because it entails two countervailing effects: on one hand, it exploits surplus from consumers who have high willingness-to-pay, but on the other hand, it generates gains from trade from consumers who otherwise would not purchase the good. Recognizing this difficulty, we provide new insights on evaluation of third-degree price discrimination in consideration of network effects and vertical product differentiation. Our analysis is particularly useful for the industries related to information and communication technologies (ICT) because these two elements characterize them. Furthermore, we also study the welfare effects of third-degree price discrimination under imperfect competition other than monopoly. At first, it seems that it may complicate the analysis under monopoly. However, we argue that the main thrusts of analysis under monopoly carry over to the case of oligopoly. We also take into account behavioral aspects and their implications for studying third-degree price discrimination. Overall, this book is designed to provide implications for contemporary management and policy issues by advancing theoretical issues in industrial organization.

Recent Advances in the Theory of Third Degree Price Discrimination A Nexus to Network Effects Innovation and Behavioral Aspects 1st Edition Table of contents:

Chapter 1: Introduction to Third-Degree Price Discrimination

1.1 Understanding Price Discrimination: Definitions and Types
1.2 Overview of Third-Degree Price Discrimination
1.3 Historical Background and Evolution of the Theory
1.4 Theoretical Foundations of Price Discrimination
1.5 The Role of Market Segmentation in Pricing Strategies

Chapter 2: The Economics of Price Discrimination

2.1 Basic Economic Models of Price Discrimination
2.2 Conditions for Effective Price Discrimination
2.3 Consumer Surplus and Producer Surplus in Third-Degree Price Discrimination
2.4 Efficiency and Welfare Implications of Price Discrimination
2.5 Legal and Ethical Considerations in Price Discrimination

Chapter 3: Network Effects and Their Interaction with Price Discrimination

3.1 Defining Network Effects: Direct and Indirect
3.2 The Role of Network Externalities in Market Structure
3.3 How Network Effects Influence Pricing Strategies
3.4 Third-Degree Price Discrimination in Network Markets
3.5 Case Studies: Telecommunications, Software, and Social Networks

Chapter 4: Innovation and Technological Advancements in Price Discrimination

4.1 The Role of Innovation in Price Differentiation Strategies
4.2 Technological Platforms and Price Discrimination Models
4.3 Dynamic Pricing and Algorithmic Price Discrimination
4.4 Big Data, Machine Learning, and Personalization
4.5 Innovation in the Sharing Economy and Its Effect on Pricing Models

Chapter 5: Behavioral Economics and Price Discrimination

5.1 Introduction to Behavioral Economics in Pricing
5.2 The Psychology of Consumer Segmentation
5.3 Perceived Fairness and Its Impact on Pricing Strategies
5.4 Behavioral Aspects of Third-Degree Price Discrimination
5.5 Nudges and Behavioral Interventions in Pricing

Chapter 6: Consumer Behavior in Third-Degree Price Discrimination Markets

6.1 Consumer Responses to Differential Pricing
6.2 The Role of Income, Preferences, and Demographics in Price Sensitivity
6.3 Consumer Segmentation and Behavioral Profiles
6.4 Psychological Pricing and its Effects on Demand
6.5 Consumer Perception and Satisfaction in Price Discrimination

Chapter 7: Pricing Strategies in the Digital Age

7.1 The Impact of E-commerce and Digital Platforms on Pricing
7.2 Subscription Models and Tiered Pricing
7.3 Digital Markets: Price Discrimination in Online Goods and Services
7.4 The Role of Data in Shaping Online Pricing Strategies
7.5 Globalization, Market Expansion, and Localized Pricing

Chapter 8: Case Studies in Third-Degree Price Discrimination

8.1 The Airline Industry: Pricing Based on Time and Class of Service
8.2 The Software and SaaS Markets: Freemium and Tiered Pricing Models
8.3 Telecommunications and Internet Service Providers: Usage-Based Pricing
8.4 Movie Theaters and Dynamic Pricing
8.5 Online Retailers: Price Customization and Consumer Segmentation

Chapter 9: Legal and Regulatory Aspects of Third-Degree Price Discrimination

9.1 Legal Framework Surrounding Price Discrimination in Different Markets
9.2 Antitrust Concerns and Price Discrimination
9.3 Price Discrimination and Consumer Protection Laws
9.4 International Perspectives: Regulations and Enforcement
9.5 Ethical Issues: Discriminatory Pricing and Social Justice

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