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We provide evidence for heterogeneous consumer preferences for product quality and game outcome uncertainty (GOU) in Major League Baseball. Using attendance data from 2013 to 2019, we explore functional data clustering techniques to detect common patterns in predictive margins of team-specific...
Persistent link: https://www.econbiz.de/10012794169
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 …
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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 …
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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
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