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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| Format: | text |
| Language: | English |
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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 |
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