Pricing algorithms may soon achieve perfect price discrimination and then we may no longer need pricing regulations. Rahul Matthan. Updated 31 May 2017, 12:39 AM IST.

Second-degree price discrimination is very familiar. Consumers pay different prices according to the quantity of items they buy. For example, you may find that Sainsbury’s charges £2.10 for ...

The argument, then, is that perfect equality engineers a certain trade: guaranteed equal outcomes entail the forfeiting of art, music, literature, spontaneity, passion, even color itself.

Price discrimination is one of those concepts that only an economist could love. ... Why the internet is perfect for price discrimination. By Reuters. September 13, 2013 7:30 AM UTC Updated ...

The Quest for Perfect Price Discrimination. By Matthew Yglesias. April 05, 2013 7:36 AM. A man reads the online version of Britain’s Times newspaper in London in 2010.

So, outlawing price discrimination will make consumers pay more than they otherwise would—which may cause them to reduce spending on other goods—thus harming the producers of those goods.

There's a lot of value in price discrimination for overcoming fixed costs. The textbook example of this is a rural doctors office that can only operate profitably if they can price discriminate ...

3 FTC Press Release, March 8, 2000, “World's Largest Manufacturer of Spice and Seasoning Products Agrees to Settle Price Discrimination Charges,” available at https: ...

Tim Lee has two great posts up about the extremely annoying pricing practices at Comcast and other cable companies.. To get a brief economic overview, the issue is that the fixed costs of running ...