| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5078156 | International Journal of Industrial Organization | 2012 | 4 Pages |
Abstract
⺠I review three recent papers concerning dynamic nonlinear pricing. ⺠Biased expectations and inattention effect pricing and regulation. ⺠Three-part tariffs, such as cellular contracts, exploit consumer overconfidence. ⺠Surprise penalty fees and consumer inattention can be socially valuable. ⺠The FCC's bill-shock agreement is predicted to harm rather than help consumers.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Michael D. Grubb,