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Price Discrimination Through Refund Contracts in Airlines

Escobari, Diego - 2016

This paper shows how an airline monopoly uses refundable and non-refundable tickets to screen consumers who are uncertain about their travel. Our theoretical model predicts that the difference between these two fares diminishes as individual demand uncertainty is resolved. Using an original data...

Persistent link: https://www.econbiz.de/10013001092

Optimal contracting in networks

Jadbabaie, Ali; Kakhbod, Ali - 2016

We study optimal contracting between a firm selling a divisible good that exhibits positive externality and a group of agents in a social network. The extent of externality that each agent receives from the consumption of neighboring agents is privately held and is unknown to the firm. By...

Persistent link: https://www.econbiz.de/10011750141

Pigouvian Contracts (PowerPoint Presentation)

Simkovic, Michael; Furth, Meirav - 2022

This is a a slide presentation accompanying "Pigouvian Contracts" available at http://ssrn.com/abstract=4019686Pigouvian taxes are often used to limit environmental externalities such as pollution. We argue that consumer contracts generate externalities by overwhelming consumers’ attention....

Persistent link: https://www.econbiz.de/10013307216

Dynamic contracting under adverse selection and renegotiation

Maestri, Lucas Jóver - In: Journal of economic theory 171 (2017), pp. 136-173

Persistent link: https://www.econbiz.de/10011777003

Contracting under adverse selection : certifiable vs. uncertifiable information

Schmitz, Patrick W. - In: Journal of economic behavior & organization : JEBO 182 (2021), pp. 100-112

Persistent link: https://www.econbiz.de/10012598262

Platform Contracting and Exclusivity

Gick, Wolfgang - 2008

completely. Nintendo has established a reputation for screening out low quality games from their game console. Finally, some … programming contracts are designed this way.We study the contract design options of a platform owner offering a screening contract … to the standard screening contract. Of particular interest is our finding that under exclusivity, when high …

Persistent link: https://www.econbiz.de/10012723021