Pass-Through as an Economic Tool
On Exogenous Competition, Social Incidence, and Price Discrimination
Bibliographic Data
| ID | 10179677 |
|---|---|
| Authors | Jeanine Miklós‐Thal (0000-0002-4014-8259, University of Rochester), Jeanine Miklós-Thal, Greg Shaffer (0000-0003-3112-7189, University of Rochester) |
| Year | 2020 |
| Volume | 129 |
| Issue | 1 |
| Pages | 323-335 |
| Publication date | 2020-08-20 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/711348 |
| OpenAlex | W3074636698 |
| Language | EN |
| Citations received | 3 |
| References cited | 1 |
Weyl and Fabinger (2013) analyze the social incidence of competition and the output and welfare effects of third-degree price discrimination by considering the hypothetical entrance of exogenous quantity into a market. The formulas they use for this purpose, however, are correct only for marginal changes in exogenous quantity starting at zero or if demand functions are linear. We show how using the correct formulas changes Weyl and Fabinger's analyses and leads to new results on the social incidence of competition and on the output and welfare effects of third-degree price discrimination in monopoly and oligopoly markets
Competition (biology · Cournot competition · Econometrics · Economics · Market economy · Microeconomics · Monopoly · Oligopoly · Price discrimination · Public economics · Social Welfare · Tax incidence · Welfare · Zero (linguistics · Consumer Market Behavior and Pricing · Economic theories and models · Merger and Competition Analysis
| Citations per year | 1 |
|---|---|
| Citation span | 2023 - 2025 (3) |
| Highly cited | No |