G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12034
DP12034 Intertemporal Price Discrimination with Two Products
John Thanassoulis; Jean Charles Rochet
发表日期2017-05-09
出版年2017
语种英语
摘要We study the two-product monopoly profit maximisation problem for a seller who can commit to a dynamic pricing strategy. We show that if consumers' valuations are not strongly-ordered then optimality for the seller can require intertemporal price discrimination: the seller offers a choice between supplying a complete bundle now, or delaying the supply of a component of that bundle until a later date. For general valuations we establish a sufficient condition for such dynamic pricing to be more profitable than mixed bundling. So we show that the Stokey (1979) no-discrimination-across-time result does not extend to two-product sellers when consumers' valuations are drawn from many standard distributions.
主题Industrial Organization
关键词Multidimensional mechanism design Cross-sell Second degree price discrimination Bundling Time discounting Substitutes and complements
URLhttps://cepr.org/publications/dp12034-1
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/540846
推荐引用方式
GB/T 7714
John Thanassoulis,Jean Charles Rochet. DP12034 Intertemporal Price Discrimination with Two Products. 2017.
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