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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Regulation Misled by Misread Theory:: Perfect Competition and Competition-Imposed Price Discrimination

Regulation Misled by Misread Theory:: Perfect Competition and Competition-Imposed Price Discrimination

Paperback

Gifts & Stationery General

Publisher Price: $10.00

ISBN10: 0844713902
ISBN13: 9780844713908
Publisher: AEI Press
Published: Jan 1 2004
Pages: 52
Weight: 0.17
Height: 0.17 Width: 5.56 Depth: 8.52
Language: English
An essential read for anyone puzzled by why airlines, hotels, and countless everyday businesses charge wildly different prices for the same product, renowned economist William J. Baumol overturns a century of conventional wisdom, proving that price discrimination is not evidence of monopoly power but is instead mandated by fierce competition itself, offering a rigorous yet accessible challenge to regulators, antitrust lawyers, and economists who still equate discriminatory pricing with market abuse.


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