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Gans, Joshua S. - 2020

A model is provided whereby a monopolist firm chooses to price its product at zero. This outcome is shown to be driven by the assumption of `free disposal' alongside selection markets (where prices impact on a firm's costs). Free disposal creates a mass point of consumers whose utility from the...

Persistent link: https://www.econbiz.de/10012846782

Nonlinear Pricing

Oren, Shmuel S. - In: The Oxford handbook of pricing management. 2012

Persistent link: https://www.econbiz.de/10012882255

Price Theory in Economics

Weber, Thomas A. - In: The Oxford handbook of pricing management. 2012

Persistent link: https://www.econbiz.de/10012882256

Commodity Price Forecasts, Futures Prices and Pricing Models

Cortazar, Gonzalo - 2017

Even though commodity pricing models have been successful in fitting the term structure of futures prices and its dynamics, they do not generate accurate true distributions of spot prices. This paper develops a new approach to calibrate these models using not only observations of oil futures...

Persistent link: https://www.econbiz.de/10012965958

Inference Not Reference : The Price Image Heuristic as an Alternative to Reference Price Theories

Hamilton, Ryan - 2019

converging evidence in support of the proposed theory …

Persistent link: https://www.econbiz.de/10012863546

Platform Pricing at Sports Card Conventions

Jin, Ginger Zhe - 2012

We study a new data set of US sports card conventions in order to evaluate the pricing theory of two-sided markets …

Persistent link: https://www.econbiz.de/10012460700

How Frequent Are Small Price Changes?

Eichenbaum, Martin S. - 2012

Recent empirical work suggests that small price changes are relatively common. This evidence has been used to criticize classic menu-cost models. In this paper, we use scanner data from a national supermarket chain and micro data from the Consumer Price Index to reassess the importance of small...

Persistent link: https://www.econbiz.de/10012460703

Some Coasian Problems with Posnerian Law and Economics

Kaufman, Bruce Evan - 2012

microeconomic theory and its application to law and economics. The central divide is whether positive transaction cost requires a … major reworking of the core of neoclassical price theory (Coase: yes; Posner: no). To provide evidence on this matter, the … paper examines Posner’s well-know treatise Economic Analysis of Law and, in particular, his use of two basic price theory …

Persistent link: https://www.econbiz.de/10014173253

The Neolithic Revolution from a Price-Theoretic Perspective

Guzman, Ricardo Andres; Weisdorf, Jacob Louis - 2015

The adoption of agriculture during the Neolithic period triggered the first demographic explosion in history. When fertility returned to its original level, agriculturalists were more numerous, more poorly nourished, and worked longer hours than their hunter-gatherer ancestors. We develop a...

Persistent link: https://www.econbiz.de/10014195735

A Simple Theory of Predation

Fumagalli, Chiara; Motta, Massimo - 2010

We propose a simple theory of predatory pricing, based on scale economies and sequential buyers (or markets). The …

Persistent link: https://www.econbiz.de/10014197583