Showing 1 - 10 of 1,848
. Recognizing that payments differ in the urgency with which they need to be settled, Fedwire offers banks a decreasing block-price … schedule. This approach allows Fedwire to price discriminate, charging high fees for urgent payments and low fees for less … urgency for immediate settlement is great enough, banks will respond to marginal price; otherwise, they will respond to …
Persistent link: https://www.econbiz.de/10011306307
. Recognizing that payments differ in the urgency with which they need to be settled, Fedwire offers banks a decreasing block-price … schedule. This approach allows Fedwire to price discriminate, charging high fees for urgent payments and low fees for less … urgency for immediate settlement is great enough, banks will respond to marginal price; otherwise, they will respond to …
Persistent link: https://www.econbiz.de/10013017570
This paper studies regulatory policy interventions aimed at protecting sticky consumers who are exposed to exploitation. We model heterogeneous consumer switching costs alongside asymmetric market shares. This setting encompasses many markets in which established firms are challenged by new...
Persistent link: https://www.econbiz.de/10012583369
This paper studies regulatory policy interventions aimed at protecting vulnerable consumers who are disengaged and thus exposed to exploitation. We model heterogeneous consumer switching costs alongside asymmetric market shares. This setting encompasses many markets in which established rms are...
Persistent link: https://www.econbiz.de/10011912984
, intensifies price competition for non-loyal customers, and eliminates cannibalization from customer self-selection. Contrary to … prior literature on one-to-one marketing and price discrimination, we show that even symmetric firms can avoid the well …
Persistent link: https://www.econbiz.de/10012727129
Similar to the perfect one, second-degree price discrimination charges different price for different quantity. Unlike … associated equilibrium price should be higher, not lower. This paper swishes the magic wand to turn the higher theoretical … wholesale price into a lower observed one …
Persistent link: https://www.econbiz.de/10013289128
for them to pirate. Three offsetting pricing mechanisms occur: skimming, compressing price changes, and delaying product …
Persistent link: https://www.econbiz.de/10014158101
). These technologies enable first-degree price discrimination: firms charge different prices to different consumers, based on …, despite the threat of first degree price discrimination, personalized pricing with competing firms can lead to an overall …
Persistent link: https://www.econbiz.de/10014033743
This paper examines how the option of a regulated linear input price affects vertical contracting, where a monopolistic … vary with production cost and regulated price level: If the regulated price is not too high, the option allows for price … discrimination, but prevents foreclosure in the intermediary market. Indeed, if both cost and optional price are rather low, non …
Persistent link: https://www.econbiz.de/10003848854
This paper examines how the option of a regulated linear input price affects vertical contracting, where a monopolistic … vary with production cost and regulated price level: If the regulated price is not too high, the option allows for price … discrimination, but prevents foreclosure in the intermediary market. Indeed, if both cost and optional price are rather low, non …
Persistent link: https://www.econbiz.de/10003875881