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Persistent link: https://www.econbiz.de/10011793433
When a new product or technology is introduced, potential consumers can learn its quality by trying the product, at a risk, or by letting others try it and free-riding on the information that they generate. We propose a dynamic game to study the adoption of technologies of uncertain value, when...
Persistent link: https://www.econbiz.de/10014037354
We compare the revenue of the optimal third-degree price discrimination policy against a uniform pricing policy. A uniform pricing policy offers the same price to all segments of the market. Our main result establishes that for a broad class of third-degree price discrimination problems with...
Persistent link: https://www.econbiz.de/10012841325
Persistent link: https://www.econbiz.de/10013253484
Persistent link: https://www.econbiz.de/10012153428
We compare the revenue of the optimal third-degree price discrimination policy against a uniform pricing policy. A uniform pricing policy offers the same price to all segments of the market. Our main result establishes that for a broad class of third-degree price discrimination problems with...
Persistent link: https://www.econbiz.de/10012846085