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Full-Text Articles in Law
Equilibrium Price Dispersion, Mergers And Synergies: An Experimental Investigation Of Differentiated Product Competition, Bart Wilson, Douglas Davis
Equilibrium Price Dispersion, Mergers And Synergies: An Experimental Investigation Of Differentiated Product Competition, Bart Wilson, Douglas Davis
Bart J. Wilson
No abstract provided.
Tracking Customer Search To Price Discriminate, Bart Wilson, Carey Deck
Tracking Customer Search To Price Discriminate, Bart Wilson, Carey Deck
Bart J. Wilson
The electronic technologies of the Internet make it possible for sellers to track potential customers and discriminate between the informed and uninformed. In this article, we report an experiment that investigates the market impact of firms tracking customers and offering discriminatory prices based on search history. We find that consumers, on average, face the same prices when sellers have the ability to track customers and price discriminate as when sellers post a single price for all buyers. However, informed buyers receive lower prices when sellers can detect buyer search, whereas uninformed buyers receive lower prices when firms cannot track customers.
Raising Revenues For Charity: Auctions Versus Lotteries, Bart Wilson, Douglas Davis, L. Razzolini, R. Reily
Raising Revenues For Charity: Auctions Versus Lotteries, Bart Wilson, Douglas Davis, L. Razzolini, R. Reily
Bart J. Wilson
No abstract provided.