G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6319
DP6319 Fire-sale FDI
Hyun Song Shin; Viral Acharya; Tanju Yorulmazer
发表日期2007-05-25
出版年2007
语种英语
摘要A particular tariff option is said to be foggy when another option or a combination of other tariff options offered by the same firm is always less expensive regardless of the usage profile of any customer. Alternatively, tariff fogginess may refer to the whole set of tariff options and it is related to the low likelihood that a particular tariff option ends up being the least expensive one among those of a menu of tariff plans for an arbitrary distribution of usage patterns. This paper takes advantage of the exogenous entry of a second carrier in the early U.S. cellular telephone industry. It shows that competition induces firms to introduce mostly non-foggy options, thus abandoning deceptive pricing strategies (fog lifting) aimed to profit from mistaken choices of consumers rather than softening competition through the use of foggy tactics (co-opetition). Results indicate that tariff fogginess is less severe with the entry of a second firm in the industry according to either definition of foggy pricing. Thus competition alone, and in particular the tactics of entrants, appears to correct deceptive pricing strategies, although such correction does not necessarily occur immediately after the entry of a competitor but rather in the long run. Results are robust to the existence of individual uncertainty regarding future telephone usage when consumers sign up for a particular tariff plan.
主题Industrial Organization
关键词Co-opetition Fog-lifting Foggy strategies Nonlinear pricing Phasing-out
URLhttps://cepr.org/publications/dp6319
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/535156
推荐引用方式
GB/T 7714
Hyun Song Shin,Viral Acharya,Tanju Yorulmazer. DP6319 Fire-sale FDI. 2007.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Hyun Song Shin]的文章
[Viral Acharya]的文章
[Tanju Yorulmazer]的文章
百度学术
百度学术中相似的文章
[Hyun Song Shin]的文章
[Viral Acharya]的文章
[Tanju Yorulmazer]的文章
必应学术
必应学术中相似的文章
[Hyun Song Shin]的文章
[Viral Acharya]的文章
[Tanju Yorulmazer]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。