全球智库信息集成服务系统(G2TT): DP7344 Repeat Sales Indexes: Estimation Without Assuming that Errors in Asset Returns Are Independently Distributed

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP7344
	DP7344 Repeat Sales Indexes: Estimation Without Assuming that Errors in Asset Returns Are Independently Distributed
	Jonathan Hamilton; Kathryn Graddy; Rachel Campbell
发表日期	2009-06-28
出版年	2009
语种	英语
摘要	We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set individual prices, and thus engage in third-degree price discrimination. Simulated prices and quantities from the model exhibit the key features observed in a set of high quality transaction-level data on fish sales collected at the Fulton fish market. The model?s predictions are then compared to the case in which the dealer must post a single price to all customers. We find the cost to the dealer of posting a uniform price to be extremely small.
主题	Industrial Organization
关键词	Price discrimination Dynamic programming Fish Yield management indirect inference
URL	https://cepr.org/publications/dp7344
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/536181
推荐引用方式 GB/T 7714	Jonathan Hamilton,Kathryn Graddy,Rachel Campbell. DP7344 Repeat Sales Indexes: Estimation Without Assuming that Errors in Asset Returns Are Independently Distributed. 2009.