研討日期

202481210:30-12:20

研討地點

國立臺灣大學社會科學院710會議室

主講題目

Title of the paper

Personalized Pricing and Social Welfare

作者

Authors of the paper

Wen-Chung Guo

文獻出處

Journal, vol.(issue), pp

Working paper

主講人

郭文忠

參加人員

黃鴻、王光正、林燕淑、郭文忠、彭正浩、高國峯、許至乙、張瑞雲、王羿傑、林晏如、Ayu Sasni MunteMicah、楊雅棠、洪睿翔

Consider a circular model where free-entry retailers implement a dual pricing strategy, consisting of uniform pricing for distant consumers and personalized pricing strategies to cater to nearby consumers. Our analysis indicates that personalized pricing by retailers can enhance both social welfare and consumer surplus within this circular model. This outcome arises because as more consumers are served through personalized pricing, the demand for uniform pricing diminishes, leading to lower uniform prices. These lower prices, in turn, offset the profits from the personalized pricing market, which results in reduced entry into the market. Despite this, excess entry still persists. Keywords: Personalized pricing, free entry, social welfare.