Pricing with bargain hunting consumers

DOI10.1016/J.GEB.2021.06.011zbMath1470.91117OpenAlexW3179470474MaRDI QIDQ2046574

Martin Pesendorfer, Matthew Gentry

Publication date: 25 August 2021

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.geb.2021.06.011

zbMATH Keywords

pricingreference effectsbargain hunting

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)

Cites Work

• Monopoly pricing when consumers are antagonized by unexpected price increases: a ``cover version of the Heidhues-Kőszegi-Rabin model
• Rational Shopping Behavior and the Option Value of Variable Pricing
• A Model of Reference-Dependent Preferences*
• A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles
• Regular prices and sales
• A Further Generalization of the Kakutani Fixed Point Theorem, with Application to Nash Equilibrium Points

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