A Research Paper on-Price Discrimination
Abstract: Price discrimination reflects the competitive behavior of the market. The process of arbitrage finds an extension in price discrimination. Simply put, Selling the same product at different prices is price discrimination but there has always been a debate regarding the rules that are applied to the distortionary effects of multiple prices about their rational economic basis, lately, the distortionary effect of price distribution has become more prominent due to ginormous rise of e-commerce, with the widespread application of dynamic pricing models. In this paper, different types of price discrimination are studied along with some mechanisms preferred by the firms to induce the phenomena. Criteria necessary for price discrimination are listed and the application of the tool for crafting business and marketing strategies is explained. Limitations of price discrimination and case studies are discussed.
Keywords: Price, Price discrimination, Arbitrage, Monopoly, Bundling, Price-strategy
How to Cite?: Shashi Prakash Yadav, "A Research Paper on-Price Discrimination", Volume 12 Issue 2, February 2023, International Journal of Science and Research (IJSR), Pages: 1388-1393, https://www.ijsr.net/getabstract.php?paperid=SR23220191529, DOI: https://dx.doi.org/10.21275/SR23220191529