Keyword: price discount

Discriminating Business Sense (3/30/2001)

Club owner increases revenue by charging customers according to their demand elasticity.

Keywords: bar, club, cover charge, demand elasticity, price discount, price discrimination, women

Loss-leader Economy (1/10/2007)

Loss leaders might conceal punishing fee traps for the unwary myopic consumers.

Keywords: Gabaix, hidden fees, Laibson, late fee, loss leaders, myopic consumers, overage charges, price discount, sophisticated consumers, transparent pricers, traps

Mickey Mouse Economics (10/26/2002)

By spreading out large fixed cost over more customers, price discrimination directly increases Disney World's profit.

Keywords: average cost, Disney World, economies of scale, fixed cost, mickey mouse, price discount, price discrimination, profit