Narrow search
Showing 1 - 10 of 2,480
Cover Image
Market structure and advance selling
Möller, Marc; Watanabe, Makoto - 2016
When products are sold in advance, i.e. prior to consumption, consumers trade off an early, uninformed purchase at a low price against a late, informed purchase at a high price. This paper considers the effect of market structure on the prevalence of advance selling. We show that in an...
Persistent link: https://www.econbiz.de/10011446893
Cover Image
On the benefits of being alone : scheduling changes, intensity of competition and dynamic airline pricing
Kerkemezos, Yannis; Karreman, Bas - 2020
competition on advance purchase discounts (APDs) and the dynamic pricing of airlines by exploiting plausibly exogenous changes in …
Persistent link: https://www.econbiz.de/10012251366
Cover Image
Cyclicality of add-on pricing : evidence from extended warranties
Boskovic, Branko; Kapoor, Sacha; Markiewicz, Agnieszka; … - 2020
in prices of add ons. Using 10 years of extended warranty data from a nationwide Canadian retailer, we show that extended … warranty prices respond strongly to changes in local economic activity whereas prices of underlying durable goods do not. The … procyclicality is driven by a shift in price setting behavior, where local stores use extended warranty discounts to make base …
Persistent link: https://www.econbiz.de/10012285529
Cover Image
Advertising and consumer search in a duopoly model
Janssen, Maarten C. W.; Non, Mariëlle C. - 2005
We consider a duopoly in a homogenous goods market where part of the consumers are ex ante uninformed about prices. Information can come through two different channels: advertising and sequential consumer search. We arrive at the following results. First, there is no monotone relationship...
Persistent link: https://www.econbiz.de/10011343292
Cover Image
Price differentiation and discrimination in transport networks
Weijde, Adriaan Hendrik van der - 2014
marginal external costs of users), and analyze the welfare effects of uniform and non-discriminatory pricing policies. The …
Persistent link: https://www.econbiz.de/10010384385
Cover Image
Third-degree price discrimination in the presence of congestion externality
Czerny, Achim Ingo; Zhang, Anming - 2014
This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality when all markets are served. The model features the business-passenger and leisure-passenger markets where business passengers exhibit a higher time valuation, and a less...
Persistent link: https://www.econbiz.de/10010421801
Cover Image
Competing risks in a time on the market analysis
Wit, Erik R. de - 2010
Persistent link: https://www.econbiz.de/10008746635
Cover Image
Learning in cobweb experiments
Hommes, Cars H.; Sonnemans, Joep; Tuinstra, Jan; … - 2003
Different theories of expectation formation and learning usually yield different outcomes for realized market prices in … dynamic models. The purpose of this paper is to investigate expectation formation and learning in a controlled experimental …
Persistent link: https://www.econbiz.de/10011333266
Cover Image
Strategic targeted advertising
Galeotti, Andrea; Moraga-González, José Luis - 2003
We present a strategic game of pricing and targeted-advertising. Firms cansimultaneously target priceadvertisements to …-- andrandom pricing --to obtain profits from badly informed buyers--. Wecharacterize a positive profits equilibrium where firms …
Persistent link: https://www.econbiz.de/10011333902
Cover Image
Naïve learning in social networks with random communication
Heidergott, Bernd; Huang, Jiaping; Lindner, Ines - 2018
We study social learning in a social network setting where agents receive independent noisy signals about the truth …
Persistent link: https://www.econbiz.de/10011801379