G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13842
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
URLhttps://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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