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 (a) whether firms charge differential component prices for their top performance personal computers and (b) 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 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
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Bibliographic InfoPaper provided by University of Cyprus Department of Economics in its series University of Cyprus Working Papers in Economics with number 0211.
Length: 33 pages
Date of creation: Jun 2002
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Web page: http://www.econ.ucy.ac.cy
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.
- Stengos, T. & Zacharias, E., 2003. "Intertemporal Pricing and Price Discrimination: A Semiparametric Hedonic Analysis of the Personal Computer Market," Working Papers 2003-9, University of Guelph, Department of Economics and Finance.
- NEP-ALL-2003-02-24 (All new papers)
- NEP-COM-2003-01-19 (Industrial Competition)
- NEP-IND-2003-02-24 (Industrial Organization)
- NEP-MIC-2003-01-20 (Microeconomics)
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