منابع مشابه
Strategic Loyalty Reward in Dynamic Price Discrimination
This paper proposes a dynamic model of duopolistic competition under behaviorbased price discrimination with the following property: in equilibrium, a firm may reward its previous customers although long term contracts are not enforceable. A firm can offer a lower price to its previous customers than to its new customers as a strategic means to hamper its rival to gather precise information on ...
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Using a sample of fare quotes for non-stop travel from New York to London, this paper investigates the dynamics of offered fares as the departure date nears. We find that the general trend is toward fare increase at an accelerated rate as the departure date approaches. Clear differences in price-setting strategies among the carriers competing on a particular route are documented.
متن کاملThe Dynamic Effect of Price Discrimination in Business Markets
First-degree price discrimination is a prevalent practice in business markets given the private nature of the interactions between buyers and sellers. Some customers accept paying higher prices because they have imperfect information about the distribution of prices or cannot afford to switch to an alternative in the short run. However, customers may become aware (imperfectly) where the prices ...
متن کاملPrice Discrimination ∗
In broad terms, one can say that price discrimination exists when two “similar” products which have the same marginal cost to produce are sold by a firm at different prices.1 This practice is often highly controversial in terms of its impact on both consumers and rivals. This chapter aims to explain some of the main economic motives for price discrimination, and to outline when this practice wi...
متن کاملPrice Discrimination ∗
journey, same date, same time, same comfort class) is sold at different prices1. ∗We gratefully acknowledge travel funding from the CNRS and NSF under grants INT9815703 and GA10273, and research funding under grant SES 0452864 . We thank Anita Anderson, Alain Béraud, Catherine de Fontenay, Robin Lindsey, André de Palma, Emile Quinet, and Sarah Tulman for their comments and suggestions. We would...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2248124