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Coleff, Joaquín; Rubbini, Camilo – Journal of Economic Education, 2023
The authors of this article propose a simple exercise of monopoly pricing to illustrate complex theoretical results on the welfare effects of group pricing. By exposing students to this exercise, they aim to bridge a gap between the standard textbook analysis of group pricing and more general results in the literature and clarify some students'…
Descriptors: Teaching Methods, Economics Education, Undergraduate Students, Misconceptions