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1 result for “Price Discrimination”

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Research ArticleOpen accessIn the keywordsChaotic Discrimination and Non-Linear DynamicsPartha GangopadhyayThis study examines a particular form of price discrimination, known as chaotic discrimination, which has the following features: sellers quote a common price but, in reality, they engage in secret and apparently unsystematic price discounts. It is widely held that such forms of price discrimination are seriously inconsistent with profit maximization by sellers.. However, there is no theoretical salience to … …American Journal of Applied Sciences, Vol. 2, Issue 1 · 31 Jan 2005 · 6,757 accessesView PDFCite