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학술저널

Private Provision of Price-excludable Public Goods: Welfare Effects of Monopolistic Price Discrimination

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We examine the problem of monopolistic provision of a price excludable public good. Characterization and comparison of uniform pricing and third-degree price discrimination are made to derive the lower and upper bounds for the welfare change. In contrast to a private-good analog, it is shown that, in most cases, for welfare to increase it is sufficient but not necessary that total output increases.

Abstract

Ⅰ. Introduction

Ⅱ. Uniform Pricing

Ⅲ. Third-degree Price Discrimination

Ⅳ. Comparison

Ⅴ. Example

Ⅵ. Conclusion

References

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