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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12823 |
DP12823 A Model of Search with Price Discrimination | |
Natalia Fabra; Mar Reguant | |
发表日期 | 2018-03-27 |
出版年 | 2018 |
语种 | 英语 |
摘要 | We introduce observable heterogeneity across buyers into a model of simultaneous search. Buyers' dierences are informative about their willingness to search, giving rise to price discrimination even if they all have the same willingness to pay. We analyze and compare equilibrium outcomes when price discrimination is allowed and when it is not. We nd that the price comparison across consumers as well as the eects of banning price price discrimination critically depend on the elasticity of the search cost distribution. Interestingly, for normally distributed search costs, there is an inverted U-shape relationship between prices and buyers' size. Similarly, a ban on price discrimination hurts small and large buyers, to the benet of the medium-size ones. |
主题 | Industrial Organization |
关键词 | Third-degree price discrimination Search Bid solicitation Competition |
URL | https://cepr.org/publications/dp12823-0 |
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/541633 |
推荐引用方式 GB/T 7714 | Natalia Fabra,Mar Reguant. DP12823 A Model of Search with Price Discrimination. 2018. |
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