Optimal Price Skimming by a Monopolist Facing Rational Consumers

DOI10.1287/mnsc.36.5.555zbMath0712.90007OpenAlexW2025617529MaRDI QIDQ3197586

Publication date: 1990

Published in: Management Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/mnsc.36.5.555

zbMATH Keywords

intertemporal pricing rational expectations durable goods new product subgame perfect Nash equilibrium Backward induction equilibrium pricing strategy over time monopoly seller myopic pricing

Mathematics Subject Classification ID

Noncooperative games (91A10) Microeconomic theory (price theory and economic markets) (91B24) Dynamic programming (90C39) Economic growth models (91B62) Other game-theoretic models (91A40) Auctions, bargaining, bidding and selling, and other market models (91B26) General equilibrium theory (91B50)

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