Monopoly pricing when consumers are antagonized by unexpected price increases: a ``cover version of the Heidhues-Kőszegi-Rabin model

DOI10.1007/S00199-011-0619-5zbMath1261.91021OpenAlexW2167532964MaRDI QIDQ1762416

Ran Spiegler

Publication date: 26 November 2012

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-011-0619-5

zbMATH Keywords

loss aversionmonopoly pricingcover version

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Related Items (5)

Price discrimination with loss averse consumers ⋮ On the equivalence of optimal mechanisms with loss and disappointment aversion ⋮ Nonlinear pricing, biased consumers, and regulatory policy ⋮ Expectation-based loss aversion and strategic interaction ⋮ Pricing with bargain hunting consumers

Cites Work

• Responsive pricing
• A Model of Reference-Dependent Preferences*
• Prospect Theory: An Analysis of Decision under Risk

This page was built for publication: Monopoly pricing when consumers are antagonized by unexpected price increases: a ``cover version of the Heidhues-Kőszegi-Rabin model