Nonlinear pricing under inequity aversion
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DOI: 10.1016/j.jebo.2019.11.013
Abstract: Abstract We consider a monopoly which practices nonlinear pricing, where buyers may have inequity-averse preferences. Each buyer has a valuation for the good, drawn from a distribution. The monopoly knows the distribution but not the… read more here.
Keywords: pricing inequity; nonlinear pricing; inequity averse; inequity ... See more keywords