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Most-Favored-Customer Pricing versus Price Discrimination

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This paper investigates which type of price policy a seller chooses between price discrimination and most−favored−customer(MFC) protection as capacity size increases. The result shows that a seller chooses price discrimination rather than MFC, which is greatly different from the previous studies.

Abstract

This paper investigates which type of price policy a seller chooses between price discrimination and most−favored−customer(MFC) protection as capacity size increases. The result shows that a seller chooses price discrimination rather than MFC, which is greatly different from the previous studies.

참고문헌 (3)

  1. Harris, M., "A Theory of Monopoly Pricing Schemes with Demand Uncertainty", A.E.R, 71, pp.347~365 (1981)
  2. Lazear, E. P., "Retail Pricing and Clearance Sales", A.E.R, 76, pp.14~32 (1986)
  3. Png, I. P., "Most-Favored Customer Protection versus Price Discrimination over Time", The Journal of Political Economy, 99, pp.1010~1028 (1991)

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