Advance Purchase Discounts Versus Clearance Sales
Datos Bibliográficos
| ID | 9708505 |
|---|---|
| Autores | Marc Möller (0000-0001-5893-2335, University Carlos III Madrid), Makoto Watanabe (0000-0002-5064-9583, University Carlos III Madrid) |
| Año | 2010 |
| Volumen | 120 |
| Número | 547 |
| Páginas | 1125-1148 |
| Fecha de publicación | 2010-09-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | The Economic Journal (JOURNAL) |
| Identificadores de la revista | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editorial | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/j.1468-0297.2009.02324.x |
| OpenAlex | W2138834411 |
| Idioma | EN |
| Citas recibidas | 2 |
| Referencias citadas | 25 |
This article considers advance selling problems. It explains why some goods (e.g. airline tickets) are sold cheap to early buyers, while others (e.g. theatre tickets) offer discounts to those who buy late. We derive the profit maximising selling strategy for a monopolist when aggregate demand is certain but buyers face uncertainty about their individual demands. When aggregate demand exceeds capacity, both Advance Purchase Discounts as well as Clearance Sales might be optimal. We determine how the comparison of these price discrimination strategies depends on the rationing rule, capacity costs and the availability of temporal capacity limits, price commitment and resale. Copyright © The Author(s). Journal compilation © Royal Economic Society 2009
Art · Economics · Consumer Market Behavior and Pricing · Digital Platforms and Economics · Merger and Competition Analysis
| Obras citantes distintas | 2 |
|---|---|
| Citas por año | 0,18 |
| Intervalo de citas | 2015 - 2016 (2) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 2 |