Price discrimination and the peak load problem
نویسندگان
چکیده
منابع مشابه
Price Discrimination and Fairness Concerns Price Discrimination and Fairness Concerns
We analyze the profitability of third degree price discrimination under consideration of consumers’ fairness concerns within an experiment and explain the results within a theoretical framework. We find that with an increase in the price differential negative reciprocal reactions by disadvantaged consumers become stronger compared to positive reciprocal reactions by advantaged consumers. Conseq...
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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...
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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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Oligopoly price discrimination in the retail market prevents a manufacturer from inducing optimal retail margins through any wholesale price. This motivates the manufacturer to impose resale price maintenance. In a model of third-degree price discrimination by rival retailers, a retail price ceiling (or floor) enables the manufacturer to restore the first best. Imposing a fixed retail price is ...
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ژورنال
عنوان ژورنال: Brazilian Review of Econometrics
سال: 1984
ISSN: 1980-2447
DOI: 10.12660/bre.v4n21984.3136