Price advertising and coupons in a monopoly model

Article Abstract:

The advertising and pricing behavior of monopolists is examined in the context of a situation where prices are discovered through costly price searches. In this situation, monopolists are shown to select between two choices: conducting large-scale advertising and having no advertising at all. These choices are demonstrated to provide the most optimal returns for monopolists in markets characterized by downwardly rigid prices. It is also shown that flexibility can be attained in such markets via couponing as this permits discrimination between identical customers.

Models, Pricing, Monopolies, Coupons (Retail), Discount coupons

---

Technological progress and the Chamberlin effect

Article Abstract:

Product quality is found to deteriorate when new technology makes increased quantity possible.

United Kingdom, Quality Control Management, Product quality, Quality control, Technological innovations, Industrial productivity

---

Similar abstracts:

• Abstracts: Technological progress and the decline of European mortality. Mortality decline in the low-income world: causes and consequences
• Abstracts: Trade-ins and introductory offers in a monopoly. Output, price, and welfare under nonlinear pricing in an imperfectly competitive industry
• Abstracts: Intransitivity of indifference, strong monotonicity, and the endowment effect
• Abstracts: Dynamic stability in a two-country model of optimal growth and international trade. Equity premium with distorted beliefs: a puzzle
• Abstracts: Two-stage budgeting as an economic decision-making process for Spanish consumers. So, how long have you been in the market? The effect of the timing of observation on purchase

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.