| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6680 |
| DP6680 Wealth inequality and household structure: US vs. Spain | |
| Olympia Bover | |
| 发表日期 | 2008-02-01 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | Using data from a unique pricing experiment, we investigate Vickrey?s conjecture that responsive pricing can be used to smooth both predictable and unpredictable demand shocks. Our evidence shows that increasing the responsiveness of price to demand conditions reduces the magnitude of deviations in capacity utilization rates from a pre-determined target level. A 10 percent increase in price variability leads to a decrease in the variability of capacity utilization rates between 2 and 6 percent. We discuss implications for the use of demand-side incentives to deal with congestible resources. |
| 主题 | Industrial Organization |
| 关键词 | Capacity utilization Consumer demand Price variability Responsive pricing |
| URL | https://cepr.org/publications/dp6680 |
| 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/535517 |
| 推荐引用方式 GB/T 7714 | Olympia Bover. DP6680 Wealth inequality and household structure: US vs. Spain. 2008. |
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