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Retionalising "Chaotic Discrimination" As an Optimal Pricing Strategy

Partha Gangopadhyay ()

Working Papers from Western Sydney - School of Business And Technology

Abstract: 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
Date: 1997
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