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demand. The optimal tariff is a flat rate if marginal cost of production is low compared to a consumer’s degree of loss … aversion and if there is enough variation in the consumer’s demand. Moreover, if consumers differ with respect to the degree of …-Rate Tariffs ; Nonlinear Pricing ; Uncertain Demand …
Persistent link: https://www.econbiz.de/10003987825
demand. The optimal tariff is a flat rate if marginal cost of production is low compared to a consumers degree of loss … aversion and if there is enough variation in the consumers demand. Moreover, if consumers differ with respect to the degree of …-Rate Tariffs ; Nonlinear Pricing ; Uncertain Demand …
Persistent link: https://www.econbiz.de/10009236785
future demand. Possibly, consumers in our model prefer a flat rate to a measured tariff, even though this choice does not … are strong variations in demand. Moreover, we analyze the optimal nonlinear tariff. This tariff has a large flat part when … Pricing ; Uncertain Demand …
Persistent link: https://www.econbiz.de/10009739169
demand. The optimal tariff is a flat rate if marginal cost of production is low compared to a consumer's degree of loss … aversion and if there is enough variation in the consumer's demand. Moreover, if consumers differ with respect to the degree of … demand. The optimal tariff is a flat rate if marginal cost of production is low compared to a consumer’s degree of loss …
Persistent link: https://www.econbiz.de/10008822064
Asset demand tests for Expected Utility have almost universally been implemented in contingent claim settings where … be uniquely recovered from given asset prices and the asset demand problem cannot be reduced to an equivalent contingent … possible to construct contingent claim prices that support contingent claim demand resulting from the maximization of Expected …
Persistent link: https://www.econbiz.de/10012998148
future demand. Possibly, consumers in our model prefer a flat rate to a measured tariff, even though this choice does not … are strong variations in demand. Moreover, we analyze the optimal nonlinear tariff. This tariff has a large flat part when …
Persistent link: https://www.econbiz.de/10014184126
demand also changes over time, but not so arbitrarily. In fact, the inverse demand gets steeper over time because consumers …' valuations become more dispersed. This insight on the demand dynamic suggests several implications about the way prices and … pricing practices observed in ticket markets which are difficult to explain under standard pricing theory such as revenue …
Persistent link: https://www.econbiz.de/10014055447
How does demand uncertainty affect entry into skill-based competition? I investigate this question in a market entry … experiment with skill-based payoffs by systematically varying two key elements of the market environment: demand risk and … expected market size. Results show that people's reactions to demand risk depend on the market size: in small markets people …
Persistent link: https://www.econbiz.de/10010338933
Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export … of export shares from the most to the least productive incumbents. Greater skewness of the demand distribution and …
Persistent link: https://www.econbiz.de/10011547934
Die vorliegende Arbeit untersucht ein Duopol bei unsicherer Nachfrage unter Risikoaversion. Die Produktion der gesamten …The paper studies an duopoly with risk averse firms exposed to demand uncertainty. A risk sharing market is introduced …
Persistent link: https://www.econbiz.de/10009567543