英文--定价.pptVIP

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英文--定价

* * Pricing policies: Introduction we’ve looked at firms charging a uniform, single price for all customers. In reality, firms with market power adopt a variety of pricing policies with a view to Increasing profits Softening competition (how?) Price discrimination: A practice of selling the same good at different prices to different customers Criteria(标准) for discrimination: location, age, income, etc. Condition for successful price discrimination: no arbitrage (buy at low price and sell at high price for pure gains) Lecture 10 * Examples of price discrimination Movie tickets (senior ci

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