In this study we investigate the impact of competition on markets for non-durable goods where intertemporal price discrimination is possible. We develop a simple model of different potential scenarios for intertemporal price discrimination and implement it in a laboratory experiment. We compare the outcomes in monopolies and duopolies. Surprisingly, we find that competition does not necessarily prevent intertemporal price discrimination, as our model predicts. However, competition generally reduces sales prices, but by far less than theory predicts. As expected - but not predicted by our simple model - competition increases efficiency. © 2009 Elsevier B.V. All rights reserved.Ralph-C. Baye
One of the most basic questions in economics concerns the effects of competition on market prices. W...
Published in Economic Theory, 2006, 27 (2), 393-410. https://doi.org/10.1007/s00199-005-0599-4</p
This paper analyzes some effects of price discrimination policy in a model where a dominant incumben...
It is shown that potential entry leads to a marginal-revenue-below-marginal-cost rule, while the pos...
The purpose of this dissertation is to present several examples which provide some insight into how ...
The purpose of this dissertation is to present several examples which provide some insight into how ...
This thesis aims at a theoretical study of price discrimination in imperfectly competitive markets ...
This paper develops an oligopoly model in which firms first choose capacity and then compete in prices...
This paper analyzes the economic implications of oligopoly price discrimination when competition pre...
This paper develops an oligopoly model in which firms first choose capacity and then compete in prices...
We revisit the relationship between competition and price discrimination. Theoretically, we show tha...
We revisit the relationship between competition and price discrimination. Theoretically, we show tha...
This paper develops an oligopoly model in which firms first choose capacity and then compete in prices...
This paper sheds light on an empirical controversy about the effect of competi-tion on price discrim...
Competition authorities and regulatory agencies sometimes impose pricing restrictions on firms with ...
One of the most basic questions in economics concerns the effects of competition on market prices. W...
Published in Economic Theory, 2006, 27 (2), 393-410. https://doi.org/10.1007/s00199-005-0599-4</p
This paper analyzes some effects of price discrimination policy in a model where a dominant incumben...
It is shown that potential entry leads to a marginal-revenue-below-marginal-cost rule, while the pos...
The purpose of this dissertation is to present several examples which provide some insight into how ...
The purpose of this dissertation is to present several examples which provide some insight into how ...
This thesis aims at a theoretical study of price discrimination in imperfectly competitive markets ...
This paper develops an oligopoly model in which firms first choose capacity and then compete in prices...
This paper analyzes the economic implications of oligopoly price discrimination when competition pre...
This paper develops an oligopoly model in which firms first choose capacity and then compete in prices...
We revisit the relationship between competition and price discrimination. Theoretically, we show tha...
We revisit the relationship between competition and price discrimination. Theoretically, we show tha...
This paper develops an oligopoly model in which firms first choose capacity and then compete in prices...
This paper sheds light on an empirical controversy about the effect of competi-tion on price discrim...
Competition authorities and regulatory agencies sometimes impose pricing restrictions on firms with ...
One of the most basic questions in economics concerns the effects of competition on market prices. W...
Published in Economic Theory, 2006, 27 (2), 393-410. https://doi.org/10.1007/s00199-005-0599-4</p
This paper analyzes some effects of price discrimination policy in a model where a dominant incumben...