Explore the concept of price discrimination in this lecture from MIT's Industrial Organization I course. Delve into the practice of selling identical goods at different prices, using examples like theater tickets to illustrate the concept. Gain insights from instructor Glenn Ellison as he breaks down this fundamental economic strategy. Part of a comprehensive series on industrial organization, this 80-minute session provides a thorough introduction to price discrimination techniques and their applications in various markets.
Overview
Syllabus
Lecture 03: Price Discrimination, Part 1
Taught by
MIT OpenCourseWare
