characteristics. We first show how preferences that account for price and unit cost constrain the firm’s pricing power and profit …

The paper considers a duopoly model in which firms inherited asymmetric market shares and history-based price … shares, showing under which circumstances there exists an equilibrium in pure strategies. We show that history-based price …

consumer’ preferences. Firms charge personalized prices to the consumers they can recognize and a uniform price to the rest of …

publicly report their charge prices. Our study evaluates the heterogeneous effects of this price transparency policy. We use a … synthetic control method that allows for heterogeneous treatment effects. We find that the price transparency policy not only …) hospitals’ past charge prices prior to adopting the price transparency law, that is, high-price hospitals reduce charge and …

This paper reports the results from a statistical analysis of pharmaceutical price negotiations in Germany, where the …' launch strategy (freely chosen first year price) still has a major impact on pricing while the impact of the additional …

seller’s private signal. A public reserve price is announced before the auction starts, and a secret reserve price is … disclosed after the highest bid has been reached. The public reserve price regime may warrant a distortion as a good seller type … may have to increase the reserve price beyond payo˙-maximization in order to be able to credibly signal her type. We …

shrouded or indicated separately, but they also drop out more often when the overall price becomes known at the check-out. In … sum, the demand distribution is independent of the price presentation. This result qualifies previous findings on the …

“posted” price for the arriving consumer but privately commits to change price infrequently. Note such pricing may …

This paper proposes a simple framework to model contextual influences on procedural decision making. In terms of …