Semester Offered: First Semester Credits (Range): 3 hours Attribute:3SS
Price discrimination refers to the practice of charging different prices to different consumers for the same good or service. Examples include airline tickets, cell phone and broadband service, insurance contracts, credit card interest rates and health services. The seminar will examine the basic theory and empirical evidence on price discrimination as well as explore the economics of the markets for consumer information, such as access to databases of online purchase histories. The existence of these markets increases firms’ abilities to price discriminate. Instructor: S. Mishra Prerequisites & Notes Prerequisites: ECON 253 and ECON 255 or consent of instructor. Note: Taught in alternate years.