Retionalising "Chaotic Discrimination" As an Optimal Pricing Strategy
AbstractThis paper addresses a particular form of price discrimination, known as "chaotic discrimination", that has the following features: sellers quote a common price but, in reality, they engage in secret and apparently unsystematic price discounts "which may be seriously inconsistent with joint-profit maximization".
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Bibliographic InfoPaper provided by Western Sydney - School of Business And Technology in its series Papers with number e9701.
Length: 24 pages
Date of creation: 1997
Date of revision:
Contact details of provider:
Postal: UNIVERSITY OF WESTERN SYDNEY,(MACARTHUR), SCHOOL OF BUSINESS AND TECHNOLOGY, CAMPBELTOWN NSW 2560 AUSTRALIA.
Web page: http://www.uws.edu.au/sob
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CHAOTIC DESCRIMINATION; ECONOMIC EQUILIBRIUM; PRICES;
Find related papers by JEL classification:
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
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