In 1991 Gary S. Becker presented A Note on Restaurant Pricing and Other Examples of Social In uences on Price explaining why many successful restaurants, plays, sporting events, and other activities do not raise their ...

Certifying agricultural goods as organic and Fairtrade opens up two niche markets with potential benefits for both the environment and farmers in developing countries. Those certifications are expanding among farmers with ...

This paper considers an economy populated by heterogeneous individuals in two respects: both parameters representing the subjective discount and the risk aversion rates are supposed to have a joint distribution. That is, ...

This thesis examines market segmentation from an economic perspective by drawing on the choice modelling framework. The market segmentation literature focuses on providing information to marketers about customers, especially ...

We estimate a model of competitive nonlinear pricing with multidimensional preference heterogeneity using individual level data on advertisements bought by local businesses (e.g., doctors, electricians) from two Yellow ...