Stodder, James; Younessi, Houman - In: International Journal of Trade and Global Markets 6 (2013) 3, pp. 275-300
Lump-sum rebates can protect price-discriminators against reselling. Large customers, however, can bargain for a larger rebate. This paper shows how sellers can make a credible commitment to not bargain: a price discriminating formula is published as a Most-Favoured-Customer (MFC) contract: if...