Browsing by Subject "L86"

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Browsing by Subject "L86"

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    Title: Does Responsive Pricing Smooth Demand Shocks?  Author(s): COURTY, Pascal; PAGLIERO, Mario Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Using data from a unique pricing experiment, we investigate Vickrey’s conjecture that responsive pricing can be used to smooth both predictable and unpredictable demand shocks. Our evidence shows that increasing the ...
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    Title: Price Variation Antagonism and Firm Pricing Policies  Author(s): COURTY, Pascal; PAGLIERO, Mario Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Pricing schemes that vary prices in response to demand shocks may antagonize consumers and reduce demand. At the same time, consumers may take advantage of the opportunities offered by price changes. Overall, the net impact ...