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Persistent link: https://www.econbiz.de/10005715447
We examine the impact of multiproduct nonlinear pricing on profit, consumer surplus and welfare in a duopoly. When consumers buy all their products from one firm (the one-stop shopping model), nonlinear pricing leads to higher profit and welfare, but often lower consumer surplus, than linear...
Persistent link: https://www.econbiz.de/10005619299
managers care about their position relative to peers, the benefits of employing managers whose objective diverges from profit …-maximization (including managers who are overconfident or base pricing decisions on sunk costs), the impact of social preferences on the …
Persistent link: https://www.econbiz.de/10008623460