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Informing consumers about their own preferences

Peitz, Martin; Inderst, Roman - 2012

We analyze a model of monopolistic price discrimination where only some consumers are originally sufficiently informed about their preferences, e.g., about their future demand for a utility such as electricity or telecommunication. When more consumers become informed, we show that this benefits...

Persistent link: https://www.econbiz.de/10011489927

Price discrimination and salience-driven consumer preferences

Adrian, Nana - 2019

This paper generalizes the price discrimination framework of Mussa and Rosen (1978) by considering salience-driven consumer preferences in the sense of Bordalo et al. (2013b). Consumers with salience-driven preferences give a higher weight to attributes that vary more. This reduces the...

Persistent link: https://www.econbiz.de/10012029080

Selling to Consumers with Endogenous Types

Boone, Jan; Shapiro, Joel - 2006

For many goods (such as experience goods or addictive goods), consumers' preferences may change over time. In this paper, we examine a monopolist's optimal pricing schedule when current consumption can affect a consumer's valuation in the future and valuations are unobservable. We assume that...

Persistent link: https://www.econbiz.de/10014056333

Dynamic Pricing of Network Goods with Boundedly Rational Consumers

Radner, Roy; Sundararajan, Arun; Radunskaya, Ami - 2010

We present a model of dynamic monopoly pricing for a good that displays network effects. In contrast with the standard …

Persistent link: https://www.econbiz.de/10014027236

Third-degree price discrimination in two-sided markets

Cornière, Alexandre de; Mantovani, Andrea; Shekhar, Shiva - 2023

We investigate the welfare effects of third-degree price discrimination by a two-sided platform that enables interaction between buyers and sellers. Sellers are heterogenous with respect to their per-interaction benefit, and, under price discrimination, the platform can condition its fee on...

Persistent link: https://www.econbiz.de/10014334054

Optimal multiproduct nonlinear pricing with correlated consumer types

Spiegel, Yossi; Wilkie, Simon - 2000

correlated types. We show that the monopoly can exploit the correlations between consumers' types to design pricing mechanisms … consumers types and the number of goods that the monopoly produces, the surplus that each consumer gets from buying is a scalar …. Hence, it is possible to design a two step mechanism where in the first step the monopoly induces the consumers to make …

Persistent link: https://www.econbiz.de/10001601438

Optimal Multiproduct Nonlinear Pricing with Correlated Consumer Types

Spiegel, Yossi; Wilkie, Simon - 2000

multidimensional but correlated types. We show that the monopoly can exploit the correlations between consumers' types to design … dimensionality of the consumers types and the number of goods produced by the monopoly, the surplus that each consumer gets after … buying is a scalar. Hence, it is possible to design a two step mechanism where in the first step the monopoly induces the …

Persistent link: https://www.econbiz.de/10014151840

Second-degree price discrimination on two-sided markets : conference paper

Böhme, Enrico - 2014 - This version: June 2013

addition, the paper finds that it is feasible in the monopoly optimum that the bundle for low-demand agents is more expensive …

Persistent link: https://www.econbiz.de/10010487752

The Degree of Distortions under Second-Degree Price Discrimination

Chao, Yong - 2015

We consider second-degree price discrimination for two types of consumers. When the net-of-cost valuation functions cross at least once at some positive quantity, it is always optimal to serve both types of consumers. Moreover, the type with the higher valuation peak always gets the socially...

Persistent link: https://www.econbiz.de/10013022346

Quality differentiation in durable goods monopoly always yields strictly positive profits

Laussel, Didier; Long, Ngo Van - 2021

-quality menus to segment the market. We show that, contrary to the Coase conjecture for the homogeneous durable good monopoly …

Persistent link: https://www.econbiz.de/10012628729

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