Unpriced quality
A monopolist charges the same price for differentiated products when high quality products are likely to be assigned to low valuation consumers. The argument explains the use of 'unpriced quality' for concert tickets, movie theaters, and elsewhere.
Year of publication: |
2011
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Authors: | Courty, Pascal |
Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 111.2011, 1, p. 13-15
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Publisher: |
Elsevier |
Keywords: | Price discrimination Second degree price discrimination |
Saved in:
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