Joan Robinson Was Almost Right: Output under Third-Degree Price Discrimination

In this paper, we show that in order for third-degree price discrimination to increase total output, the demands of the strong markets should be, as conjectured by Robinson (1933), more concave than the demands of the weak markets. By making the distinction between adjusted concavity of the inverse demand and adjusted concavity of the direct demand, we are able to state necessary conditions and sufficient conditions for third-degree price discrimination to increase total output.

Fragmento de un epítome del «Liber Glossarum» en un manuscrito de en torno al año 1000

[EN] This article consists of a study (provenance, date of the manuscript, sources of the glossary, etc.) and an edition of the fragment of an epitome of the «Liber Glossarum» which is contained in a ms. about the year 1000 A.D. From the "Spanish symptoms" which one can track in the present copy, the ms. El Escorial L.I.15, from the 16th-17th century, the author infers that his model, now perished, was written in Spain and in wisigothic script about the year 1000. On the other side, on the basis of the copy the author reconstructs the primitive glossary text of the 10th-11th century model in a critical edition accompanied by a critical apparat and sources.