Discrimination is greatest in the class with the largest variance in demand prices. The seller's incentives to limit substitution by altering the between-class quality spread and the pricing of complementary (concession) goods are also ... AM Rosenfield 被引量: 120发表: 1997年 Two decades of ...
Arthur C. Pigou (1920) identified three types of price discrimination: 1 First-degree price discrimination happens when a vendor charges a different price for each unit sold, such that the unit price is equal to the maximum amount a buyer is willing to pay for that unit. There are obviousl...
How does price discrimination affect economic efficiency? How does applied economics solve economic problems? How does supply and demand affect the economy? How does behavioral economics work? What will be the result be if the price of a good is lower than the equilibrium price?
Chevalier, Judy and Anil Kashyap. 2015. "Best Prices: Price Discrimination and Consumer Substi- tution." NBER Working Paper No. 20768.Chevalier, Judith A. and Anil K. Kashyap (2013). "Best Prices: Price Discrimination and Con- sumer Substitution," NBER Working Papers 16680, National Bureau...
Online shops could offer each website customer a different price. Such personalized pricing can lead to advanced forms of price discrimination based on ind
This latter assumption has been explicitly invoked by Swan (1980, section IV) and Rust (1986, assumption A3) and allows us to avoid Coase type problems of intertemporal inconsistency (see Jean Tirole (1988) for further discussion) and to concentrate on the issue of price discrimination. ...
benefits B. Revenue V. Conclusion A. How B. Closing attention getterPriceElasticityofDemandandPriceDiscrimination Buy one get one half off and 10% off are just two of the more common offers I come across as a student. They may not seem like much‚ but for some people saving just one ...
Ironically, even though heaccurately observedthat “communist inspired price controls… have never worked,” the answer isDonald Trump. As you might expect, many leftists politicians are saying that they will be more than happy to help Trump turn this bad idea into reality (just as they were ...
What is the definition of the choke price of a resource? What is the relationship between price discrimination and surge pricing? How is opportunity cost defined? What is the importance of measuring price fluctuations? How does a target cost relate to price?
1.1 The meaning of price discrimination Because the term is sometimes used in different ways, we begin our discussion by defining price discrimination, and in particular, its meaning in the context of the mailing list industry. While some textbooks define price discrimination as occurring when “two...