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Third-degree price discrimination in two-sided markets
Cornière, Alexandre de; Mantovani, Andrea; Shekhar, Shiva - 2023
We investigate the welfare effects of third-degree price discrimination by a two-sided platform that enables interaction between buyers and sellers. Sellers are heterogenous with respect to their per-interaction benefit, and, under price discrimination, the platform can condition its fee on...
Persistent link: https://www.econbiz.de/10014334054
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The limits of marketplace fee discrimination
Tremblay, Mark J. - 2021
Platforms often use fee discrimination within their marketplace (e.g., Amazon, eBay, and Uber specify a variety of merchant fees). To better understand the impact of marketplace fee discrimination, we develop a model that allows us to determine equilibrium fee and category decisions that depend...
Persistent link: https://www.econbiz.de/10012692299
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Fighting collusion by permitting price discrimination
Helfrich, Magdalena; Herweg, Fabian - 2016
We investigate the effect of a ban on third-degree price discrimination on the sustainability of collusion. We build a model with two firms that may be able to discriminate between two consumer groups. Two cases are analyzed: (i) Best-response symmetries so that profits in the static Nash...
Persistent link: https://www.econbiz.de/10011434582
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Complexity, efficiency, and fairness of multi-product monopoly pricing
Miravete, Eugenio J.; Seim, Katja; Thurk, Jeff - 2014
The Pennsylvania Liquor Control Board administers the purchase and sale of wine and spirits and is mandated to charge a uniform 30% markup on all products. We use an estimated discrete choice model of demand for spirits, together with information on wholesale prices, to assess the implications...
Persistent link: https://www.econbiz.de/10010256099
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Quality differentiation in durable goods monopoly always yields strictly positive profits
Laussel, Didier; Long, Ngo Van - 2021
-quality menus to segment the market. We show that, contrary to the Coase conjecture for the homogeneous durable good monopoly …
Persistent link: https://www.econbiz.de/10012628729
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Asymmetric information and differentiated durable goods monopoly : intra-period versus intertemporal price discrimination
Laussel, Didier; Long, Ngo Van; Resende, Joana - 2021
A durable good monopolist faces a continuum of heterogeneous customers who make purchase decisions by comparing present 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...
Persistent link: https://www.econbiz.de/10012619439
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A structural econometric model of price discrimination in the mortgage lending industry
Gary-Bobo, Robert; Larribeau, Sophie - 2002
determines loan sizes and interest rates simultaneously. A competitive, and a discriminating monopoly version of the model are … discriminating monopoly maximizes profitsunder a borrower participation constraint, reflecting the availability of a rental market as … monopoly model estimates show that the borrowers' price-elasticity of demand for housing varies with occupational status, and …
Persistent link: https://www.econbiz.de/10011410245
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Advance-purchase financing of projects with few buyers
Sahm, Marco - 2015 - This version: October 8, 2015
I investigate a simple model of advance-purchase contracts as a mode of financing costly projects. The analysis can easily be reinterpreted as a model of the monopolistic provision of excludable public goods under private information. An entrepreneur has to meet some capital requirement in order...
Persistent link: https://www.econbiz.de/10011350183
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Third-degree price discrimination in oligopoly when markets are covered
Dertwinkel-Kalt, Markus; Wey, Christian - 2020
We analyze oligopolistic third-degree price discrimination relative to uniform pricing when markets are always covered. Pricing equilibria are critically determined by supply-side features such as the number of firms and their marginal cost differences. It follows that each firm's Lerner index...
Persistent link: https://www.econbiz.de/10012390927
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Exclusive data, price manipulation and market leadership
Gu, Yiquan; Madio, Leonardo; Reggiani, Carlo - 2019
The unprecedented access of firms to consumer level data not only facilitates more precisely targeted individual pricing but also alters firms' strategic incentives. We show that exclusive access to a list of consumers can provide incentives for a firm to endogenously assume the price leader's...
Persistent link: https://www.econbiz.de/10012104125