The Effect of Information on Discriminatory-Price and Uniform-Price Reverse Auction Efficiency: An Experimental Economics Study of the Purchase of Ecosystem Services

2017 ◽  
Vol 7 (1-2) ◽  
pp. 41-71 ◽  
Author(s):  
Joshua M. Duke ◽  
Kent D. Messer ◽  
Lori Lynch
Keyword(s):  
Ecosystem Services ◽  
Experimental Economics ◽  
Reverse Auction ◽  
Uniform Price ◽  
Discriminatory Price

scholarly journals Discriminatory Pricing and Spatial Competition in Two-Sided Media Markets

2015 ◽  
Vol 15 (2) ◽  
pp. 891-926 ◽  
Author(s):  
Toshiki Kodera
Keyword(s):  
Price Discrimination ◽  
Spatial Model ◽  
Spatial Competition ◽  
Uniform Price ◽  
Discriminatory Price ◽  
Media Markets ◽  
Pricing Schemes

Abstract This study describes a spatial model of price discrimination in two-sided media markets. Given that media platforms offer a uniform price for consumers and either a uniform or discriminatory price for advertisers, we compare a platform’s profit and welfare under these two different pricing schemes. In contrast to the well-known result that price discrimination based on a consumer’s location leads to lower profits, if consumers have a strong aversion to advertising, we show that a platform’s profit is better off under price discrimination. In addition, if consumers rather dislike advertising, we show that price discrimination is detrimental to both a platform’s profit and the consumer’s welfare.

Galilean Reflections on Milton Friedman’s "Methodology of Positive Economics", with Thoughts on Vernon Smith’s "Economics in the Laboratory"

2007 ◽  
pp. 55-70 ◽  
Author(s):  
E. Schliesser
Keyword(s):  
Experimental Evidence ◽  
Experimental Economics ◽  
Nobel Prize ◽  
Free Fall ◽  
Nobel Prize Winner ◽  
Theoretical Physics ◽  
History Of ◽  
Positive Economics

The article examines in detail the argument of M. Friedman as expressed in his famous article "Methodology of Positive Economics". In considering the problem of interconnection of theoretical hypotheses with experimental evidence the author illustrates his thesis using the history of the Galilean law of free fall and its role in the development of theoretical physics. He also draws upon methodological ideas of the founder of experimental economics and Nobel prize winner V. Smith.

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