Naslov
Price discrimination

Autori
Neven Garača, Zrna Garača, Anamarija Blažević

Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, sažetak, stručni

Izvornik
2nd International Conference on Renewable Economics / Dejan Tubić, Irena Bosnić - Virovitica : Virovitica University of Applied Sciences, 2022, 1-1

ISBN
978-953-8028-16-8

Skup
ReECON.2

Mjesto i datum
Biograd na Moru, Hrvatska, 20.09.2022. - 22.09.2022

Vrsta sudjelovanja
Poster

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
price discrimination, monopoly, market power, market structure
(price discrimination, monopoly, market pover, market structure)

Sažetak
There are cases where companies sell the same good to different consumers at different prices, even though the production costs are the same for all consumers. This practice is called price discrimination. Price discrimination is not possible in perfectly competitive markets. In order for a company to discriminate on prices, it must have some market power. It can be reflected through the market structures of monopolies, oligopolies and monopolistic competition. Monopolies have the greatest market power, and thus the greatest influence on prices, so they are a typical example of the practice of price discrimination. The very notion of discrimination is perceived negatively. In economics, price discrimination does not have a negative connotation, it benefits some and harms some. The prevalence of price discrimination also depends on the state's attitude towards monopolies, the promotion of competition, legal regulations, and the operation of market regulators. The purpose of this paper is to investigate the theoretical starting points and point out the frequency of the existence of price discrimination practices. Secondary research was conducted by reviewing the relevant professional literature, legislation, reports of regulatory bodies and agencies, as well as insight into practical cases. Based on the collected data, these bodies prepare reports that are available on their websites and serve as a source of secondary data relevant for the purposes of writing this article, as well as for making business decisions. In addition to the above, the paper uses empirical methods of observation and comparison. The aim of the research is to confirm the existence of everyday practice of discriminatory prices and its impact on prices. Researchers and consumers do not pay enough attention to this practice. Further research can be conducted in the direction of deeper analysis of statistics, case law, practice of market regulators and business cases.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA