Topic 6: Product differentiation

In this topic we analyse horizontal product differentiation models, which are models in which consumers value variety in consumption, or in which different consumers prefer different goods.

Lecture 1:

Lecture 2:

Class 8 is under the previous lecture, since we did not discuss product differentiation in it.


Topic 5: Price discrimination and nonlinear pricing

In this topic, we look at the different varieties of price discrimination which monopolists may perform.


Class 1:

Class 2: