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Optimal Early-Bird Discounts and the Challenges of Diversion
Variable pricing and early-bird discounts can shift some demand or the time of purchase from higher-priced periods to lower-priced periods without increasing the total demand. This diversion effect...
期刊介绍:
International Journal of the Economics of Business presents original, peer reviewed research in economics that is clearly applicable to business or related public policy problems or issues. The term "business" is used in its widest sense to encompass both public and private sector—governmental, private non-profit and cooperative organizations, as well as profit-seeking enterprises. International Journal of the Economics of Business carries papers relating to three main spheres: The organization—to analyse and aid decision making and the internal organization of the business; The industry—to analyse how businesses interact and evolve within and across industries.