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Lecture Microeconomics (5th edition): Chapter 12 - Capturing surplus. This chapter presents the following content: Introduction - airline tickets; price discrimination: first degree, second degree, third degree; tie-in sales. | Chapter 12 Capturing Surplus Copyright c 2014 John 1 Chapter Twelve Overview 1. Introduction Airline Tickets 3. Price Discrimination First Degree Second Degree Third Degree 5. Tie-in Sales Requirements Tie-ins Package Tie-ins Bundling Copyright c 2014 John Chapter Twelve 2 Uniform Price Vs. Price Discrimination Definition A monopolist charges a uniform price if it sets the same price for every unit of output sold. While the monopolist captures profits due to an optimal uniform pricing policy it does not receive the consumer surplus or dead-weight loss associated with this policy. The monopolist can overcome this by charging more than one price for its product. Definition A monopolist price discriminates if it charges more than one price for the same Copyright c 2014 good or service. .