Class Pricing
A contract with K-class pricing divides a large set of goods or services into K classes and assigns a single price to any element of a class. Class pricing can be efficient when several different versions may be traded and it is costly to assign individual prices to all of them. It is more likely to...
Main Author: | Wernerfelt, Birger |
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Format: | Article |
Language: | en_US |
Published: |
Cambridge, MA; Alfred P. Sloan School of Management, Massachusetts Institute of Technology
2011
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Online Access: | http://hdl.handle.net/1721.1/65621 |
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