Intertemporal Price Discrimination and Consumer Demand

Under a particular class of utility functions, intertemporal price discrimination (IPD) is not feasible. That is, customers cannot be made to pay different prices for a durable good at different points in time. Other factors such as falling costs, and differing discount rates between buyers and sell...

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Bibliographic Details
Main Author: LEUNG, Hing-Man
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1997
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Online Access:https://ink.library.smu.edu.sg/soe_research/400
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Institution: Singapore Management University
Language: English