Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/21382
Título: | Price discrimination with private and imperfect information |
Autor(es): | Esteves, Rosa Branca |
Palavras-chave: | Competitive price discrimination Imperfect customer recognition Imperfect information |
Data: | 2012 |
Editora: | Universidade do Minho |
Resumo(s): | This paper investigates the competitive and welfare effects of information accuracy improvements in markets where firms can price discriminate after observing a private and noisy signal about a consumer’s brand preference. It shows that firms charge more to customers they believe have a brand preference for them, and that this price has an inverted-U shaped relationship with the signal’s accuracy. In contrast, the price charged after a disloyal signal has been observed falls as the signal’s accuracy rises. While industry profit and overall welfare fall monotonically as price discrimination is based on increasingly more accurate information, the reverse happens to consumer surplus. |
Tipo: | Documento de trabalho |
URI: | https://hdl.handle.net/1822/21382 |
Versão da editora: | http://www3.eeg.uminho.pt/economia/nipe/docs/2012/NIPE_WP_12_2012.pdf |
Arbitragem científica: | no |
Acesso: | Acesso aberto |
Aparece nas coleções: | NIPE - Documentos de Trabalho |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
---|---|---|---|---|
NIPE_WP_12_2012.pdf | NIPE WP 12/2012 | 633,74 kB | Adobe PDF | Ver/Abrir |