Advance-purchase discounts as a price discrimination device
نویسندگان
چکیده
منابع مشابه
Advance-purchase discounts as a price discrimination device
In an intertemporal setting in which individual uncertainty is resolved over time, advancepurchase discounts can serve to price discriminate between consumers with different expected valuations for the product. Consumers with a high expected valuation purchase the product before learning their actual valuation at the offered advance-purchase discount; consumers with a low expected valuation wil...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2011
ISSN: 0022-0531
DOI: 10.1016/j.jet.2010.07.008