and expected price-quality offers. The monopolist designs a sequence of price-quality menus to segment the market. We … consider the Markov Perfect Equilibrium (MPE) of a game where the monopolist is unable to commit to future price-quality menus …

A monopolist producing vertically differentiated durable goods can offer in each period a sequence of price …-quality menus to segment the market. We show that, contrary to the Coase conjecture for the homogeneous durable good monopoly … that cannot commit to future price-quality menus is bounded below by a strictly positive value independent of the discount …

consumer’ preferences. Firms charge personalized prices to the consumers they can recognize and a uniform price to the rest of …

The paper considers a duopoly model in which firms inherited asymmetric market shares and history-based price … shares, showing under which circumstances there exists an equilibrium in pure strategies. We show that history-based price …

Using a Markov-perfect equilibrium model, we show that the use of customer data to practice intertemporal price … discrimination will improve monopoly profit if and only if information precision is higher than a certain threshold level. This U … monopoly’s investment in information accuracy. However, this cost should not dissuade firms to collect some information on …

This paper reports the results from a statistical analysis of pharmaceutical price negotiations in Germany, where the …' launch strategy (freely chosen first year price) still has a major impact on pricing while the impact of the additional …

price regulations. Consumers demand stricter fuel price regulations to provide transparency about the current price level … and to protect them from sudden price fluctuations. Such regulations are already in place in several countries, but … whether they indeed help lower the overall fuel price level is unclear. In this paper, we study the effect of Austria’s Fuel …