Imperfect behavior-based price discrimination

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WitrynaIn this article, we develop a model encompassing behavior‐based discriminatory pricing as a limit case of a more general framework where firms have incomplete … Witryna6 lip 2024 · Consumers prefer that both firms profile exactly the same set of consumers or that only one firm profiles consumers as this entails marginal cost pricing (so does …

Imperfect Behavior-Based Price Discrimination - Wiley Online Library

WitrynaWe also discuss consumer surplus implications of such behavior‐ and characteristic‐based price discrimination, and we show that the impact of price discrimination depends on both the consumer type and the level of consumers’ heterogeneity. ... "Imperfect Behavior‐Based Price Discrimination," Journal of … WitrynaWhen a firm is able to recognize customers with different purchasing histories, it may send them targeted advertisements with different prices. We show that in comparison to no discrimination, firms reduce their advertising efforts, charge higher first period prices and lower second period prices. fitz\u0027s root beer float

Imperfect information, algorithmic price discrimination, and …

http://editjems.org/article-item/imperfect-behavior-based-price-discrimination-2/ Witryna12 lut 2024 · We develop a model of behavior- and characteristic-based discriminatory pricing where consumers are heterogeneous both in tastes and in price sensitivity. … can i mail a folded sheet of paper

Behavior-based price discrimination and customer information …

The Perils of Behavior-Based Personalization Marketing …

WitrynaT1 - Imperfect behavior-based price discrimination. AU - Colombo, Stefano. PY - 2016. Y1 - 2016. N2 - In this article, we develop a model encompassing behavior … Witryna19 gru 2024 · We examine how the ability to offer personalized prices based on customer information affects prices and profit over the two periods. When product differentiation is exogenously fixed, asymmetric information leads to two asymmetric equilibria where one firm chooses more aggressive pricing to secure a larger first … can i mail a handgunWitryna15 gru 2015 · In this article, we develop a model encompassing behavior-based discriminatory pricing as a limit case of a more general framework where firms have … fitzula\\u0027s gift shop coupon

"Witryna1 sty 2024 · It shows that information sharing with behavior-based price discrimination is an equilibrium outcome that can restrict competition without collusion. This means … " - Imperfect behavior-based price discrimination

Imperfect behavior-based price discrimination

How do customer characteristics impact behavior-based price ...

Witryna1 sty 2007 · It is not surprising, therefore, that such behavior-based price discrimination is a well-known strategy in marketing science. 40. As the examples suggest, the literature takes two approaches to modeling imperfect competition and purchase-history price discrimination. Witryna19 wrz 2014 · We approach behavior-based price discrimination experimentally to identify customer characteristics that influence price discrimination in competitive markets. We provide insights on the impact of customer value heterogeneity and preference stochasticity on price discrimination in two period duopoly models with …

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WitrynaWe analyze the sustainability of tacit collusion in a setting in which horizontally differentiated firms can price discriminate based on private, imperfect information. … The Canadian entertainment company, Cineplex, is a classic example of a firm using the price discrimination strategy. Depending on the age demographic, tickets for the same movie are sold at different prices. … Zobacz więcej Advantages of this pricing strategy can be viewed from the perspective of both the firm and the consumer: Zobacz więcej Consider a firm that charges a single price for an apple: $5. In such a case, it would lead to one sale and total revenue of $5: Now, consider a firm that is able to charge a different price to each customer. For example: 1. $5 … Zobacz więcej

Witryna1 wrz 2024 · This form of price discrimination, termed behavior-based price discrimination (henceforth BBPD) or price discrimination by purchase history or … Witryna6 gru 2024 · In competitive markets, Fudenberg and Tirole ( 2000) and Villas-Boas ( 1999) show that price discrimination based on past purchase information intensifies competition, and leads to a prisoner’s dilemma case, resulting into lower profits than uniform pricing.

Witryna"Imperfect Behavior‐Based Price Discrimination," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 25(3), pages 563-583, September. Joseph E Harrington, 2024. " Developing Competition Law For Collusion By Autonomous Artificial Agents ," Journal of Competition Law and Economics , Oxford University Press, vol. … Witryna770 Price discrimination with private and imperfect information behavior-based price discrimination (BBPD) and customer recognition.12 Most of this literature has …

WitrynaStefano Colombo, 2016. "Imperfect Behavior‐Based Price Discrimination," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 25(3), pages 563-583, September. Andreia Amorim & Rosa-Branca Esteves, 2016. "Retention Strategies in a Switching Cost Model," NIPE Working Papers 10/2016, NIPE - Universidade do Minho.

Witryna1 lis 2024 · We analyze firms’ ability to sustain collusion in a setting in which horizontally differentiated firms can price discriminate based on private information. Firms receive private, noisy signals... can i mail a piece of jewelry in an envelopeWitryna10 gru 2010 · This paper highlights two perils of behavior-based personalization in competitive markets. First, although purchase histories reveal consumer preferences, competitive exploitation of such information damages differentiation, similar to the classic finding that behavior-based price discrimination intensifies price competition. can i mail a letter with no stampWitryna6 lip 2024 · Behavior-Based Price Discrimination with endogenous data collection and strategic customer targeting. This article analyzes behavior-based price … fitzula\u0027s gift shop couponWitryna1 lis 2024 · In this study, we investigate firms' ability to collude when price discrimination based on the inherited market is possible, but the information … can i mail a package with stampsWitryna1 gru 2015 · This paper analyzes behavior-based price discrimination (BBPD) in an asymmetric duopoly with switching costs and including both vertical and horizontal … can i mail a money orderWitryna26 sty 2024 · Online price discrimination (OPD) or personalized pricing has triggered many debates in the existing literature, due to its potential adverse effects on (trust in) … can i mail a padded envelope as a letterWitrynaAbstract. We study a model of behavior-based price discrimination where asymmetric firms can agree to share customer information that can be used for personalized … fitzula\u0027s gift shop coupon code