Show simple item record

dc.contributor.authorCOURTY, Pascal
dc.contributor.authorPAGLIERO, Mario
dc.date.accessioned2014-12-04T16:34:56Z
dc.date.available2014-12-04T16:34:56Z
dc.date.issued2011
dc.identifier.citationApplied economics, 2011, Vol. 43, No. 30, pp. 4707-4721
dc.identifier.issn0003-6846
dc.identifier.urihttps://hdl.handle.net/1814/33758
dc.description.abstractUsing 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 responsiveness of price to demand conditions reduces the magnitude of deviations in capacity utilization rates from a pre-determined target level. A 10% increase in price variability leads to a decrease in the variability of capacity utilization rates between 2% and 6%. We discuss implications for the use of demand-side incentives to deal with congestible resources.
dc.language.isoen
dc.relation.ispartofApplied economics
dc.titleDoes responsive pricing smooth demand shocks?
dc.typeArticle
dc.identifier.doi10.1080/00036846.2010.498350
dc.identifier.volume43
dc.identifier.startpage4707
dc.identifier.endpage4721
dc.identifier.issue30


Files associated with this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record