منابع مشابه
Competitive Nonlinear Pricing and Contract Variety∗
We analyze markets with both horizontally and vertically differentiated products under both monopoly and duopoly. In the base model with two consumer types, we identify conditions under which entry prompts an incumbent to expand or contract its low end of the product line. Our analysis offers a novel explanation for the widespread use of “fighting brands” and “product line pruning.” We also ext...
متن کاملContract Pricing in Consumer Credit Markets∗
We study pricing and contract design in the subprime auto sales market. We develop a model of the demand for financed purchases that incorporates both adverse selection and moral hazard effects, and estimate the model using detailed transactionlevel data. We use the model to quantify selection and repayment problems and show that different contracting terms, in particular car price and required...
متن کاملDoes Format of Pricing Contract Matter?
The use of linear wholesale price contract has long been recognized as a threat to achieving channel effciency. Many formats of nonlinear pricing contract have been proposed to achieve vertical channel coordination. Examples include two-part tariff and quantity discount. A two-part tariff charges the downstream party a fixed fee for participation and a uniform unit price. A quantity discount co...
متن کاملForeign Exchange Rate Pricing at the Future Contract (Case of I.R. of Iran)
The RER which is theoretically influenced by the real interest rate differential (RRE) and currency excess return (CER), is statistically examined during 1990-2016. Accordingly, the stationarity of RER as null hypothesis is not approved in the Iranian economy. Therefore, the TVAR method is examined to analyze the nonstationary RER sample to two sub-periods stationary process which are both stat...
متن کاملA Contract-Based Pricing Scheme for the Renewable Energy Trading
—The renewable energy generating terminals (REGTs)not only have capability to generate electricity for them own usage but also have surplus electricity to sell to the Power Grid (PG). However, the REGTs are generally selfinterested. Due to the diversity in their supply capacity, REGT shave different preferences toward selling electricity, which is the private information and unknown to the PG....
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: BMJ
سال: 1978
ISSN: 0959-8138,1468-5833
DOI: 10.1136/bmj.2.6145.1167-a