Publication: Nonlinear Pricing with Self-Control Preferences
dc.affiliation.dpto | UC3M. Departamento de Economía | es |
dc.contributor.author | Shum, Matthew | |
dc.contributor.author | Esteban, Susanna | |
dc.contributor.author | Miyagawa, Eiichi | |
dc.contributor.other | The Johns Hopkins University. Department of Economics | |
dc.date.accessioned | 2009-08-26T14:46:00Z | |
dc.date.available | 2009-08-26T14:46:00Z | |
dc.date.issued | 2003 | |
dc.description.abstract | This paper studies optimal nonlinear pricing for a monopolist when consumers' preferences exhibit temptation and self-control as in Gul and Pesendorfer (2001a). Consumers are subject to temptation inside the store but exercise self-control, and those foreseeing large self-control costs do not enter the store. Consumers di®er in their preferences under temptation. When all consumers are tempted by more expensive, higher quality choices, the optimal menu is a singleton, which saves consumers from self-control and extracts consumers' commitment surplus. When some consumers are tempted by cheaper, lower quality choices, the optimal menu may contain a continuum of choices. | |
dc.format.mimetype | application/pdf | |
dc.identifier.uri | https://hdl.handle.net/10016/4995 | |
dc.language.iso | eng | |
dc.relation.ispartofseries | Working paper | |
dc.rights.accessRights | open access | |
dc.subject.eciencia | Economía | |
dc.subject.other | Temptation | |
dc.subject.other | Self-control | |
dc.subject.other | Commitment | |
dc.subject.other | Nonlinear pricing | |
dc.subject.other | price discrimination | |
dc.title | Nonlinear Pricing with Self-Control Preferences | |
dc.type | working paper | * |
dspace.entity.type | Publication |
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