أعرض تسجيلة المادة بشكل مبسط

dc.creator McAfee, R. Preston
dc.date 2007
dc.date.accessioned 2013-10-16T06:57:26Z
dc.date.available 2013-10-16T06:57:26Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17925
dc.identifier ppn:557916003
dc.identifier RePEc:zbw:ifwedp:5516
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17925
dc.description 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 distribution of customer valuations, but only on the value of the damaged product relative to the undamaged product. In particular, when the damaged product provides a constant proportion of the value of the full product, selling a damaged good is unprofitable. One quality reduction produces higher profits than another if the former has higher marginal revenue than the latter.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Economics Discussion Papers / Institut für Weltwirtschaft 2007-2
dc.rights http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
dc.subject L15
dc.subject D43
dc.subject ddc:330
dc.title Pricing Damaged Goods
dc.type doc-type:workingPaper


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أعرض تسجيلة المادة بشكل مبسط