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In Buy-It-Now (BIN, hereafter) auctions, sellers can make a "take-it-or-leave-it" price offer (BIN price) prior to an … to auction prices substantially below those expected in second-price auctions. Our results reveal that the observed price … deviations are not an artefact due to the existence of the BIN price, rather a consequence of the specific features of the eBay …
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price information to consumers depends on how well informed they are beforehand. Theoretically, an increase in consumer … information decreases prices more, the fewer ex ante informed consumers there are. Empirically, we study mandatory price …
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rise for the firm that serves most of them. Secondly, we study asymmetric price adjustment opportunities via a two …
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" strategy as observed in luxury goods markets. Products can have identical quality and differ only in price and image, thereby …
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-part tariffs, and in which some consumers are not informed about the linear per-unit price component. We consider two regulatory … interventions that limit firms’ ability to price discriminate: (i) diminishing the range of contracts via a reduction in the number … of two-part tariffs offered (which prohibits inter-group price discrimination), and (ii) a reduction in tariff complexity …
Persistent link: https://www.econbiz.de/10012385361
We introduce consumers with intrinsic privacy preferences into the monopolistic non-linear pricing model. Next to classical consumers, there is a share of data-sensitive consumers who incur a privacy cost if their purchase reveals information to the monopolist. The monopolist discriminates...
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