Why Do We Love Price Discrimination?

Matt and Jadrian discuss the concept of price discrimination and how it’s taught in economics classrooms. They highlight some real-world examples like student discounts, movie ticket pricing, and differential college tuition to highlight how businesses maximize profits by charging different prices to different customers. Jadrian shares his excitement about teaching new methods like the hurdle approach, which explains how businesses determine discount levels to attract customers. Tune in for a fun and relatable look at how pricing strategies impact everyday life!

In this episode, we discuss:

* How price discrimination works to charge different prices to...