The Discriminating Beta: Prices and Capacity with Correlated Demands.

Uniform customer-class pricing can do much of the work of congestion-based or time-of-day pricing in communication or wireless networks. A monopolist exploits differences in the stochastic characteristics of demands. If demands are correlated and the firm faces a capacity constraint, then it can set...

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Bibliographic Details
Published in:Southern Economic Journal Vol. 81; no. 1; pp. 56 - 68
Main Authors: Eckel, Catherine C., Smith, William T.
Format: Article
Published: Wiley-Blackwell Jul2014
Subjects:
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