Question

1.)

http://perspectivesjournal.org/blog/2004/04/16/price-discrimination-and-fairness/

Can the practice of price discrimination be considered universally fair or universally unfair? Use the provided literature and video materials (or other resources) to defend your position. Explain how you define “fairness” in the context the interaction between consumers and producers on markets.

If you believe price discrimination cannot be thought of as being fair or unfair in all circumstances, provide one example in which in your view the practice of price discrimination is fair and one example in which price discrimination is unfair. Should price discrimination be outlawed? Explain.

2.) Explain the methods which car dealers use to price discriminate in order to increase their profit margins. Explain the difference between animus/stereotypic and statistical (inference) discrimination. Explain what you as a customers can do to avoid being subject to the price discrimination. Respond to the posting of another participant.

http://www.moneyeconomics.com/commentaries/economics-illustrated-price-discrimination-and-buying-a-car/