Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Price discrimination of buyers with identical preferences and collusion in a model of advertising
Jönköping University, Jönköping International Business School, JIBS, Economics.
2004 (English)In: Journal of Economic Theory, ISSN 0022-0531, E-ISSN 1095-7235, Vol. 116, no 2, p. 347-356Article in journal (Refereed) Published
Abstract [en]

A model of advertising and price distributions is investigated whereby each seller can contact different buyers, whose preferences are identical, with different probabilities. The model features a continuum of equilibria parametrized by the ratio of the buyers contacted by one seller—differing across “market segments”—and by the other sellers. In general, the sellers practice price discrimination across segments. More asymmetric equilibria correspond to higher volumes of transactions and higher expected transaction prices. This results in a lower expected utility for the buyers and higher expected profits; thus, identifying areas of influence can help the sellers to support collusion.

Place, publisher, year, edition, pages
2004. Vol. 116, no 2, p. 347-356
Keywords [en]
Price discrimination; Collusion; Advertising; Price distributions
Identifiers
URN: urn:nbn:se:hj:diva-6300DOI: doi:10.1016/j.jet.2003.07.006OAI: oai:DiVA.org:hj-6300DiVA, id: diva2:37120
Available from: 2007-07-31 Created: 2007-07-31 Last updated: 2017-12-12Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full text

Authority records BETA

Manduchi, Agostino

Search in DiVA

By author/editor
Manduchi, Agostino
By organisation
JIBS, Economics
In the same journal
Journal of Economic Theory

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 422 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf