Toward a Formal Discussion of Quantity Discounts A Dualistic Approach to Price Differentiation

1964 ◽  
Vol 66 (4) ◽  
pp. 274
Author(s):  
Sture Berglund
1930 ◽  
Vol 3 (1) ◽  
pp. 51
Author(s):  
W. H. S. Stevens
Keyword(s):  

2021 ◽  
Vol 154 ◽  
pp. 107113
Author(s):  
Omid Jadidi ◽  
Mohamad Y. Jaber ◽  
Saeed Zolfaghri ◽  
Roberto Pinto ◽  
Fatemeh Firouzi

2021 ◽  
pp. 1-21
Author(s):  
Paweł Oleksy ◽  
Marcin Czupryna ◽  
Michał Jakubczyk

Abstract This article examines how selected attributes of Bordeaux fine wines (producer, vintage, quality, bottle size, case, flaws, and transaction volume) affect prices in three types of trading venues: auctions, electronic exchange, and the over-the-counter (OTC) market. The findings indicate a price differentiation across the venues. Wine aging leads to relatively higher prices at auctions than on the electronic exchange or the OTC. There is a nearly linear relationship between prices and wine ratings, the strongest of which is found in the case of auctions. The bottle size effect is mostly positive for supersized formats and is the strongest on an electronic exchange and the weakest at auctions. The transaction volume negatively affects wine prices in all the trading venues. The simulation results facilitate the construction of more realistic trading models and may help traders make more informed decisions on the choice of a trading venue, depending on the wine characteristics. (JEL Classifications: D40, G12, Q14, L66)


2019 ◽  
Vol 127 ◽  
pp. 698-708 ◽  
Author(s):  
Syed Asif Raza ◽  
Faseela Chakkalakkal Abdullakutty ◽  
Sivakumar Rathinam ◽  
Srikrishna Madhumohan Govindaluri

2011 ◽  
Vol 2 (3) ◽  
pp. 55-90 ◽  
Author(s):  
R. Uthayakumar ◽  
M. Valliathal

This paper discusses an Economic Production Quantity model for Weibull deteriorating items over an infinite time horizon under fuzzy environment. Fuzziness is introduced by allowing the cost components such as setup cost, production cost, holding cost, shortage cost and opportunity cost due to lost sales to certain extent. Triangular fuzzy numbers are used to represent the mentioned costs. Optimum policies of the described models under fuzzy costs are derived. The proposed model can be extended in several ways. For instance, the deterministic demand function to stochastic fluctuating demand patterns could be considered. The model could also be generalized to allow for quantity discounts, as well as permissible delay in payments.


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