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Persistent link: https://www.econbiz.de/10001507320
In this paper we try to explain how price discrimination can cause bilateral trade patterns of the type seen under countertrade agreements. We interpret countertrade as a form of transaction bundling, which can discriminate between potential trading partners, and we combine characteristics from...
Persistent link: https://www.econbiz.de/10014589059
Persistent link: https://www.econbiz.de/10002091578
Persistent link: https://www.econbiz.de/10007676303
This paper refers to herding behaviour as developed in Bikhchandani et al. (1992), Bannerjee (1992) and Choi and Scarpa (1994). We examine the behaviour of a potential customer who does not know how many of her predecessors decided not to purchase the product. We show that, ceteris paribus, a...
Persistent link: https://www.econbiz.de/10014143519
This paper refers to herding behaviour as developed in Bikhchandani et al. (1992), Bannerjee (1992) and Choi and Scarpa (1994). We examine the behaviour of a potential customer who does not know how many of her predecessors decided not to purchase the product. We show that, ceteris paribus, a...
Persistent link: https://www.econbiz.de/10005683001