For customers who don't have the freedom to choose where they shop, technological advancements—particularly artificial intelligence (AI) and intrusive personal data collection—are making price ...

We assume that consumers' valuation for the product/service varies over time and that there is an exogenous probability for product returns. Several interesting results emerge. First, a credit refund ...

FTC accuses alcohol-distribution giant Southern Glazer’s of ‘unfair pricing’ For the first time in almost a quarter-century, federal regulators are trying to enforce a law that bars ...

Micro-pricing a big puzzle in inflation’s persistence The real world of price setting doesn’t look much like the supply and demand schedules of Economics 101. Stephen Grenville Former central ...

Intra-Consumer Price Discrimination with Credit Refund Policies. Forthcoming, Management Science. Consumers often receive a full or partial refund for product returns or service cancellations. Much of ...

Outlawing price discrimination may cause large stores to keep prices higher than they would if distributors could offer them a discount, offering lower prices than smaller stores.

Discrimination of this nature increases the price of Pepsi's products for competing retailers, which range from big box stores to independently-owned small businesses.

Price Discrimination by Hospitals It might be argued that because hospitals initially bill all of their patients at their chargemaster prices, they do not engage in "price discrimination" the ...

PepsiCo and its Frito-Lay unit have been sued in U.S. court in California by convenience stores that claim they have been denied the same sales deals offered to major retailers such as Walmart and ...

The second edition (2020) is freely available as an open educational resource. MicroExcel.pdf (8MB) Click to download and open with a pdf reader. The second edition has additional content and updated ...

Rampant price discrimination snuffed out many of the independent stores that could have provided the competition needed to put a check on high prices.

In states with alcohol-specific price discrimination laws on the books, prices at both chain stores and independent shops were both low and very nearly uniform, with only a marginal difference ...