All you can drink: should we worry about quality?
“All you can drink” specials are forbidden by law in several places. Authorities claim that establishments tend to offer low quality drinks when they use this type of promotion. In this paper, I elaborate a model to determine whether a monopolist produces higher or lower quality goods when using buf...
| Autor principal: | |
|---|---|
| Formato: | Artículo |
| Lenguaje: | inglés |
| Publicado: |
Springer
2009
|
| Acceso en línea: | http://eprints.uanl.mx/7543/1/All%20you%20can%20drink%20should%20we%20worry%20about%20quality.pdf |
| _version_ | 1824370454403481600 |
|---|---|
| author | Flores Curiel, Daniel |
| author_facet | Flores Curiel, Daniel |
| author_sort | Flores Curiel, Daniel |
| collection | Repositorio Institucional |
| description | “All you can drink” specials are forbidden by law in several places. Authorities claim that establishments tend to offer low quality drinks when they use this type of promotion. In this paper, I elaborate a model to determine whether a monopolist produces higher or lower quality goods when using buffet pricing (all you can drink) instead of a two-part tariff. I find that the more profitable strategy is usually associated with a higher quality good than the less profitable strategy. However, under certain conditions buffet pricing is more profitable and leads to lower quality goods than the alternative. |
| format | Article |
| id | eprints-7543 |
| institution | UANL |
| language | English |
| publishDate | 2009 |
| publisher | Springer |
| record_format | eprints |
| spelling | eprints-75432015-09-23T21:15:44Z http://eprints.uanl.mx/7543/ All you can drink: should we worry about quality? Flores Curiel, Daniel “All you can drink” specials are forbidden by law in several places. Authorities claim that establishments tend to offer low quality drinks when they use this type of promotion. In this paper, I elaborate a model to determine whether a monopolist produces higher or lower quality goods when using buffet pricing (all you can drink) instead of a two-part tariff. I find that the more profitable strategy is usually associated with a higher quality good than the less profitable strategy. However, under certain conditions buffet pricing is more profitable and leads to lower quality goods than the alternative. Springer 2009 Article PeerReviewed text en cc_by_nc_nd http://eprints.uanl.mx/7543/1/All%20you%20can%20drink%20should%20we%20worry%20about%20quality.pdf http://eprints.uanl.mx/7543/1.haspreviewThumbnailVersion/All%20you%20can%20drink%20should%20we%20worry%20about%20quality.pdf Flores Curiel, Daniel (2009) All you can drink: should we worry about quality? Journal of regulatory economics, 35 (1). pp. 1-18. ISSN 0933-680X |
| spellingShingle | Flores Curiel, Daniel All you can drink: should we worry about quality? |
| thumbnail | https://rediab.uanl.mx/themes/sandal5/images/online.png |
| title | All you can drink: should we worry about quality? |
| title_full | All you can drink: should we worry about quality? |
| title_fullStr | All you can drink: should we worry about quality? |
| title_full_unstemmed | All you can drink: should we worry about quality? |
| title_short | All you can drink: should we worry about quality? |
| title_sort | all you can drink should we worry about quality |
| url | http://eprints.uanl.mx/7543/1/All%20you%20can%20drink%20should%20we%20worry%20about%20quality.pdf |
| work_keys_str_mv | AT florescurieldaniel allyoucandrinkshouldweworryaboutquality |