Pricing strategy in the context of durable goods monopoly with discrete demand
Considering a model of discrete demand with two consumers, this article shows that irrespective of the difference between the willingness to pay of consumers with high and low incomes, if interest rates are low, a durable goods monopolist has an advantage in discriminating prices over time....
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Format: | Article |
Language: | English |
Published: |
Faculty of Economics, Belgrade
2015-01-01
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Series: | Ekonomski Anali |
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Online Access: | http://www.doiserbia.nb.rs/img/doi/0013-3264/2015/0013-32641504061N.pdf |