Microeconomics: Price Discrimination
Airlines in Asia Offer Personalized Prices by Age, Race, Gender (1/23/1999)
Airlines in Asia Offer Personalized Prices by Age, Race, Gender.
Airlines in Asia Offer Personalized Prices by Age, Race, Gender.
Banks and Others Base Their Service On Their Most Profitable Customers (8/31/1999)
Under intense competition, banks pamper their best customers.
Under intense competition, banks pamper their best customers.
Border Patrol (2/27/2007)
To enhance profit, businesses often sell non-interoperable versions of the same products in different markets.
To enhance profit, businesses often sell non-interoperable versions of the same products in different markets.
Capping the Sky (9/11/2007)
Death-postponing cancer drugs command high prices because of the third-party payment health insurance system.
Death-postponing cancer drugs command high prices because of the third-party payment health insurance system.
Discriminating Business Sense (3/30/2001)
Club owner increases revenue by charging customers according to their demand elasticity.
Club owner increases revenue by charging customers according to their demand elasticity.
DVD or Wait (4/19/2001)
Film companies can increase their revenues by releasing higher-priced DVD's before lower-priced videocassettes.
Film companies can increase their revenues by releasing higher-priced DVD's before lower-priced videocassettes.
Fare Game (11/9/2001)
The pricing strategy of charging premium prices for business travels and deeply discounted prices for leisure travels has fallen apart amid a slowing economy and fear of on-air terrorist attacks.
The pricing strategy of charging premium prices for business travels and deeply discounted prices for leisure travels has fallen apart amid a slowing economy and fear of on-air terrorist attacks.
Flexible Pricing (2/26/2005)
The Internet has made it possible to replace fixed pricing with flexible pricing based on changing supply and demand conditions. Spot pricing will lead to a more efficient market with winners and losers.
The Internet has made it possible to replace fixed pricing with flexible pricing based on changing supply and demand conditions. Spot pricing will lead to a more efficient market with winners and losers.
Get in Where You Fit in (4/3/2003)
Quoting room rates according to the guest's elasticity of demand improves the bottom line when there is surplus capacity.
Quoting room rates according to the guest's elasticity of demand improves the bottom line when there is surplus capacity.
Gray Market (11/5/1999)
Gray markets appear when cheaper goods in one market are diverted to compete with more expensive but similar goods in another market.
Gray markets appear when cheaper goods in one market are diverted to compete with more expensive but similar goods in another market.
Is Imitation a Flattery or a Ripoff? (1/10/2007)
High-end-orientated garment fashion designers leave a lot of money on the table for the knockoff competitors.
High-end-orientated garment fashion designers leave a lot of money on the table for the knockoff competitors.
Make Me an Offer (3/26/2007)
A salesman on commission has an incentive to practice perfect price discrimination.
A salesman on commission has an incentive to practice perfect price discrimination.
Marginal Revenue of Perfect Price Discriminators (11/17/2007)
The marginal revenue of perfect price discriminators is equal to price.
The marginal revenue of perfect price discriminators is equal to price.
Rebate Coupons (9/11/2007)
Mail-in rebate coupons succeed in promoting sales at relatively low cost because of low redemption rates.
Mail-in rebate coupons succeed in promoting sales at relatively low cost because of low redemption rates.
Virtual Scalping (6/21/2004)
Sports teams and other entertainment promoters use online secondary ticket auction market to compete with scalpers while sticking to uniform pricing for the primary market.
Sports teams and other entertainment promoters use online secondary ticket auction market to compete with scalpers while sticking to uniform pricing for the primary market.
