Economics, Econometrics and Finance
4 years ago

Monopolies exploiting consumer data for maximum profit under new study.

1 view
SSRN Electronic Journal
The Limits of Price Discrimination
Dirk Bergemann, B. A. Brooks, Stephen Morris

Paper Summary

The article explores how a company can use information about what customers like to charge different prices to different groups of people. The researchers found that this strategy can lead to a situation where customers are happy, the company makes good profits, and overall everyone benefits.

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