Flexibility-based price discrimination allows companies to charge different people different prices for the same produce or service, based on how easily they can walk away.

One possible explanation is “third-degree price discrimination,” which is a pricing strategy where a company charges different prices to different groups of consumers. It’s the most common form of ...

All were asked to report how likely they were to purchase from the insurance provider and rate their perceived price fairness. The researchers found that demographic price discrimination was seen as ...

This tactic is called price discrimination, and there’s a federal antitrust law on the books designed to stop it — the Robinson-Patman Act.From the 1930s through the 1970s, vigorous ...