Unpriced Quality

Pascal Courty ()

No ECO2009/16, Economics Working Papers from European University Institute

Abstract: A monopolist deliberately charges the same price for differentiated products when high quality products are more likely to be allocated to low type consumers under uniform pricing. The argument can explain the use of ‘unpriced quality’ for concert tickets, sport events, and in many other situations.

Keywords: Price discrimination; second degree price discrimination; queuing; rationing (search for similar items in EconPapers)
JEL-codes: D42 D45 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mkt
Date: 2009
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