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pricing strategy and determine the payoff effects of sharing. The presence of a sharing market increases the price of new …
Persistent link: https://www.econbiz.de/10012971601
an optimal product design balances durability-driven demand and price effects. Furthermore, for any given product design … a profit-maximizing non-linear pricing schedule features retail price and sharing tariff in a robustly quadratic …
Persistent link: https://www.econbiz.de/10014090710
. The impact of sharing on product sales is ambiguous: for low-price products sales may drop, while for high-price products …
Persistent link: https://www.econbiz.de/10012972810
Electronic sharing markets are contributing to a paradigm shift, from consuming products to accessing products. This paper studies the effects of sharing markets on the prices for new products and on product design in terms of durability. In a dynamic economy with overlapping generations,...
Persistent link: https://www.econbiz.de/10012902869
Persistent link: https://www.econbiz.de/10011616139
Recent works suggest that convenient prices that match monetary denominations exhibit above-average price rigidity and … prices. This finding confirms that price rigidity can be in part explained by the use of cash to pay convenient prices …
Persistent link: https://www.econbiz.de/10013064962
Studies of micro-level price datasets find more frequent small price increases than decreases, which can be explained … by consumer inattention because time-constrained shoppers might ignore small price changes. Recent empirical studies of … the link between shopping behavior and price attention over the business cycle find that consumers are more (less …
Persistent link: https://www.econbiz.de/10015418051
We here want to analyze how the imperfect competition mark-up and pass-through are transmitted through the production chain and how they change, as a function of the number of firms existing at each production stage. In order to have an analytical closed form solution, we use the standard linear...
Persistent link: https://www.econbiz.de/10014034784
-maximizing seller is a fixed price contract with an "at-will'' clause: the seller can choose to cancel the contract upon discovering her … production cost. However, sometimes the seller can do better by offering a guaranteed-delivery price at the ex-ante stage and a … second price at the ex-post stage if the buyer rejects the first offer. Such a "limited commitment'' mechanism can raise …
Persistent link: https://www.econbiz.de/10014078912
tool - swing pricing - which allows funds to adjust their settlement price in response to large net flows. Our empirical …
Persistent link: https://www.econbiz.de/10012945825