across mediums and movements. Finally, we show that measures of high-income consumer confidence and art market sentiment …This paper investigates the price determinants and investment performance of art. We apply a hedonic regression … resulting price index, we conclude that art has appreciated in value by a moderate 3.97% per year, in real U.S. dollar terms …

This paper addresses the problem of why and how a seller should develop a discount pricing structure even if such a … pricing structure does not alter ultimate demand. The situation modeled is most appropriate where the seller's product does … price is only one of many factors considered in making a purchase decision. A model of buyer reaction to any given pricing …

With declining costs of distributing digital products comes renewed interest in strategies for pricing goods with low … marginal costs. In this paper, we evaluate customized bundling, a pricing strategy that gives consumers the right to choose up …

We study competitive positioning and pricing strategies in markets where consumers seek variety. Variety seeking … observed switching in a market may not fully capture the true magnitude of the underlying variety seeking tendencies among … seeking consumers benefits everyone in the market. …

pricing problem faced by sellers of fashion-like goods. We consider a retailer that plans to sell a given stock of items … propose an active-learning heuristic pricing policy. We conduct a numerical study to test the performance of four different … heuristic dynamic pricing policies in order to gain insight into several important managerial questions that arise in the …

outputs and then use these costs to set prices, a process known as fully-distributed cost-based pricing. If the costs incurred …, iii) a change in market size, and iv) cost containment incentives. …

We study a market with customers who have heterogeneous preferences for product attributes. We consider two types of … favor customization under competition. We find that the customizing firm's profit is not monotone in the market size and its … show that the unit cost differential between the firms crucially affects the customizing firm's ideal market size, its …

entrants and to discourage entry. The market consists of customer segments with different valuations for product quality. We …

with) their advantages (disadvantages) through their pricing behavior. Guided by microeconomic theory and insights from the …-through elasticity is also shown to depend in a nonlinear way on market concentration. …