Arbeitspapier
Intertemporal price discrimination in storable goods markets
We study intertemporal price discrimination when consumers can store for future consumption needs. To make the problem tractable we offer a simple model of demand dynamics, which we estimate using market level data. Optimal pricing involves temporary price reductions that enable sellers to discriminate between price sensitive consumers, who anticipate future needs, and less price-sensitive consumers. We empirically quantify the impact of intertemporal price discrimination on profits and welfare. We find that sales: (1) capture 25-30% of the profit gap between non-discriminatory and third degree price discrimination profits, and (2) increase total welfare.
- Sprache
-
Englisch
- Erschienen in
-
Series: CSIO Working Paper ; No. 0113
- Klassifikation
-
Wirtschaft
- Thema
-
Konsumentenverhalten
Rohstoffversorgung
Preisdifferenzierung
Wohlfahrtsanalyse
USA
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hendel, Igal
Nevo, Aviv
- Ereignis
-
Veröffentlichung
- (wer)
-
Northwestern University, Center for the Study of Industrial Organization (CSIO)
- (wo)
-
Evanston, IL
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hendel, Igal
- Nevo, Aviv
- Northwestern University, Center for the Study of Industrial Organization (CSIO)
Entstanden
- 2011