Pay-what-you-want because I do not know how much to charge you

被引:8
作者
Tudon, Jose F. M. [1 ]
机构
[1] Univ Chicago, Dept Econ, Chicago, IL 60637 USA
关键词
Pay-what-you-want; Uncertainty; Behavioral pricing; Participative pricing; IMPURE ALTRUISM;
D O I
10.1016/j.econlet.2015.10.021
中图分类号
F [经济];
学科分类号
02 ;
摘要
With any positive fraction of altruistic consumers in the population who give away any positive fraction of their gains from trade, there exists a high enough level of uncertainty about demand such that the monopolist prefers pay-what-you-want over the traditional monopoly or any other pricing mechanism. Low marginal costs facilitate the adoption of pay-what-you-want. Consumer welfare always increases with pay-what-you-want. (C) 2015 Elsevier B.V. All rights reserved.
引用
收藏
页码:41 / 44
页数:4
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