Keyword: perfect price discrimination
Make Me an Offer (3/26/2007)
A salesman on commission has an incentive to practice perfect price discrimination.
Keywords: commission, consumer surplus, haggling, incentive, perfect price discrimination, price searcher
Marginal Revenue of Perfect Price Discriminators (11/17/2007)
The marginal revenue of perfect price discriminators is equal to price.
Keywords: economic surplus, efficiency, marginal revenue, marginal willingness to pay, MR, MWP, P, perfect price discrimination, price, profit maximization, reservation price, total willingness to pay, TWP
Pricing to Cost - But Which Cost? (10/13/2007)
Pricing to marginal cost may not cover fixed cost.
Keywords: consumer surplus, economic surplus, fixed cost, marginal cost, perfect competition, perfect price discrimination, price searcher, price taker, profit, two-part pricing, variable cost
Profit vs Efficiency Maximization (11/2/2011)
Pricing modes determine the conflicts between profit maximization and efficiency maximization.
Keywords: consumer surplus, economic surplus, efficiency maximization, perfect price discrimination, price taking, profit maximization, single pricing
Profit vs Efficiency Maximization (transcript) (1/29/2012)
Pricing modes determine the conflicts between profit maximization and efficiency maximization.
Keywords: consumer surplus, economic surplus, efficiency maximization, perfect price discrimination, price taking, profit maximization, single pricing