منابع مشابه
Pricing Damaged Goods
Abstract: Companies with market power occasionally engage in intentional quality reduction of a portion of their output as a means of offering two qualities of goods for the purpose of price discrimination, even absent a cost saving. This paper provides an exact characterization in terms of marginal revenues of when such a strategy is profitable, which, remarkably, does not depend on the distri...
متن کاملDamaged Durable Goods
A durable-goods monopolist may use quality degradation as a commitment not to lower price in the future. The introduction of damaged goods expedites lowvaluation consumers future demands, and helps the firm to mitigate the Coasian time-consistency problem. In such a case, damaged goods are more likely to be observed relative to the static setting where only the price-discrimination aspect of q...
متن کاملPricing of Digital Goods vs. Physical Goods
E-commerce is growing rapidly and sales of digital goods represent a substantial portion of all online sales. Several goods such as music and books are now available in a physical and digital format. In a single-period case we compare pricing of digital vs. physical goods and derive an optimal pricing strategy for digital goods in both a general setting without a capacity constraint and a capac...
متن کاملApoA-1 in Diabetes: Damaged Goods
Diabetes is a major risk factor for the development of atherosclerosis. In addition to increased risk of stroke, myocardial infarction, and peripheral vascular disease, diabetics suffer from a particularly aggressive form of atherosclerosis with greater in-hospital mortality following myocardial infarction and a higher incidence of heart failure, if they survive (1–3). While diabetics often hav...
متن کاملPricing strategies for information goods
Digital or information goods are becoming the norm across a wide variety of industries including books, music, entertainment, gaming and education. Due to the fact that the marginal cost of producing or reproducing information goods is very low, it is much easier to customise and personalise them for individual users. Furthermore, sellers of these information goods are increasingly using bundli...
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ژورنال
عنوان ژورنال: Economics
سال: 2007
ISSN: 1864-6042
DOI: 10.5018/economics-ejournal.ja.2007-1