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This paper investigates the viability of Pay-What-You-Want (PWYW) pricing when firms compete without restrictions of a minimum payment requirement. We show that the equilibrium outcomes are different when underpayers, consumers paying less than marginal cost, are present as opposed to when they...
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of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment …
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of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment …
Persistent link: https://www.econbiz.de/10013051368
In this paper we utilize discrete choice experiment method to identify and measure switching costs and network effects …
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