Showing posts with label behavioral economics. Show all posts
Showing posts with label behavioral economics. Show all posts

Sunday, November 7, 2010

Personal Pricing aka First Degree Price Discrimination

Here's an example of firm hoping to put personalized pricing to work.

Is this incentive compatible?

It would be interesting to see how Meineke consumers respond in practice -- I suspect there may be a variety of forces as work.

HT: Dan Sills