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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13842 |
DP13842 Nonlinear Pricing with Average-Price Bias | |
David Martimort; Lars Stole | |
发表日期 | 2019-07-06 |
出版年 | 2019 |
语种 | 英语 |
摘要 | Empirical evidence suggests that consumers facing complex nonlinear pricing often make choices based on average (not marginal) prices. Given such behavior, we characterize a monopolist's optimal nonlinear price schedule. In contrast to the textbook setting, nonlinear prices designed for ``average-price bias'' distort consumption downward for consumers at the top, may produce efficient consumption for consumers at the bottom, and typically feature quantity premia rather than quantity discounts. These properties arise because the bias replaces consumer information rents with curvature rents. Whether or not a monopolist prefers consumers with average-price bias depends upon underlying preferences and costs. |
主题 | Industrial Organization |
关键词 | Nonlinear pricing Average-price bias Curvature rents Price discrimination |
URL | https://cepr.org/publications/dp13842 |
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/542718 |
推荐引用方式 GB/T 7714 | David Martimort,Lars Stole. DP13842 Nonlinear Pricing with Average-Price Bias. 2019. |
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