G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4072
DP4072 Optimal Information Management: Organizations versus Markets
Micael Castanheira; Mikko Leppämäki
发表日期2003-09-23
出版年2003
语种英语
摘要What is the optimal strategy of a durable-goods monopolist that can offer goods in different qualities? This Paper provides an answer for the case where the market is segmented into low- and high-income buyers. If the monopolist can change their product and price policy sufficiently rapidly - which reduces their commitment power - we find that the whole market is served immediately. Low-quality goods may be sold below costs. These results are strikingly different to those obtained with non-durable goods and to those obtained if the durable good comes only in a single quality. In an extension we further employ our results to discuss how policies of restricted versioning fare differently with non-durable and durable goods.
主题Industrial Organization
关键词Price discrimination Screening Durable-goods monopolist Coase conjuncture
URLhttps://cepr.org/publications/dp4072
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533047
推荐引用方式
GB/T 7714
Micael Castanheira,Mikko Leppämäki. DP4072 Optimal Information Management: Organizations versus Markets. 2003.
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