The Micro-Foundations of Intertemporal Price Discrimination

• 主要作者: KOH, Winston T. H.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2005
• 主題: Intertemporal price discrimination; Durable good monopoly; Optimal pricing strategy; Household demand; Economic Theory; Finance
• 在線閱讀: https://ink.library.smu.edu.sg/soe_research/823; https://ink.library.smu.edu.sg/context/soe_research/article/1822/viewcontent/IPD_Jan2005.pdf
• 機構: Singapore Management University

This paper investigates the optimality of intertemporal price discrimination for a durable-good monopoly in a model where infinitely-lived households face an intertemporal budget constraint, and consume both durable goods and non-durable goods. We prove that the optimal price of the durable good is...