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price discrimination

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price discrimination

Practice of selling goods or services at different prices to different buyers, even though sales costs are the same for all the transactions. Buyers may be discriminated against on the basis of income, ethnicity, age, or geographic location. For price discrimination to succeed, other entrepreneurs must be unable to purchase goods at the lower price and resell them at a higher one.



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4) We believe that an important reason for this flawed public policy is the paucity of applicable economic theories involving price discrimination by intermediate product suppliers.
It is also recognized that price discrimination in the form of dumping is a common international commercial practice.
Hastings, Yale University and NBER, "Wholesale Price Discrimination and Regulation: Implications for Retail Gasoline Prices" * Nuno Cassola, European Central Bank; Ali Hortacsu, University of Chicago and NBER; and Jakub Kastl, Stanford University, "The 2007 Subprime Market Crisis in the Euro Area through the Lens of ECB Repo Auctions" * Liran Einav, Stanford University and NBER; Amy Finkelstein, MIT and NBER; and Mark R.
 
 
 
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