Document de travail

Second-degree Price Discrimination by a Two-sided Monopoly Platform

Doh-Shin Jeon, Byung-Cheol Kim et Domenico Menicucci

Résumé

We study second-degree price discrimination by a two-sided monopoly platform. The incentive constraints of the agents on the value creation side may be in conflict with internalizing externalities on the value capture side, which may render pooling optimal. Even without such conflict between the two sides, pooling may be optimal due to type-dependent Spence effects when the preferences of the marginal agents diverge from those of the average agents on the value capture side. We perform a welfare analysis of price discrimination and show that prohibiting price discrimination improves welfare when there is a strong conflict between the two sides.

Mots-clés

platform; price discrimination; two-sided markets; non-responsiveness; Spence effect.;

Codes JEL

  • D4: Market Structure and Pricing
  • D82: Asymmetric and Private Information • Mechanism Design
  • L5: Regulation and Industrial Policy
  • M3: Marketing and Advertising

Remplacé par

Doh-Shin Jeon, Byung-Cheol Kim et Domenico Menicucci, « Second-Degree Price Discrimination by a Two-sided Monopoly Platform », American Economic Journal: Microeconomics, 2021, à paraître.

Référence

Doh-Shin Jeon, Byung-Cheol Kim et Domenico Menicucci, « Second-degree Price Discrimination by a Two-sided Monopoly Platform », TSE Working Paper, n° 16-690, septembre 2016, révision juin 2020.

Voir aussi

Publié dans

TSE Working Paper, n° 16-690, septembre 2016, révision juin 2020