Intertemporal Pricing and Price Discrimination: A Semiparametric Hedonic Analysis of the Personal Computer Market
AbstractWe apply a smooth coefficient semiparametric model to a unique high-frequency data set to examine the intertemporal pricing of personal computers. Furthermore, we test whether firms charge differential component prices for their top performance personal computers and whether premium firms charge both a premium for all their computers and a premium for their top performance ones. We find nonlinear effects in the pricing of personal computer components. We also find that firms in general do not charge differential prices for the components of their top performance computers. In addition, high-quality firms charge higher premia only for their most advanced products. Copyright Â© 2006 John Wiley & Sons, Ltd.
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Bibliographic InfoPaper provided by University of Guelph, Department of Economics and Finance in its series Working Papers with number 2003-9.
Length: 29 pages
Date of creation: 2003
Date of revision:
Other versions of this item:
- E. Zacharias & T. Stengos, 2006. "Intertemporal pricing and price discrimination: a semiparametric hedonic analysis of the personal computer market," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(3), pages 371-386.
- Thanasis Stengos & Eleftherios Zaharias, 2002. "Intertemporal Pricing and Price Discrimination: A Semiparametric Hedonic Analysis of the Personal Computer Market," University of Cyprus Working Papers in Economics 0211, University of Cyprus Department of Economics.
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