Retionalising "Chaotic Discrimination" As an Optimal Pricing Strategy
Partha Gangopadhyay ()
Working Papers from Western Sydney - School of Business And Technology
This paper addresses a particular form of price discrimination, known as "chaotic discrimination", that has the following features: sellers quote a common price but, in reality, they engage in secret and apparently unsystematic price discounts "which may be seriously inconsistent with joint-profit maximization".
Keywords: CHAOTIC DESCRIMINATION; ECONOMIC EQUILIBRIUM; PRICES (search for similar items in EconPapers)
JEL-codes: D43 L13 (search for similar items in EconPapers)
Pages: 24 pages
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Persistent link: https://EconPapers.repec.org/RePEc:fth:wesybu:e9701
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