Delivered Pricing and Multiple Basing Point Equilibria: A Reevaluation
用现代空间竞争理论重新审视到货定价(含系统运费吸收),比较了到货定价与工厂交货定价在不同市场结构和企业猜测变动下的均衡,发现从消费者角度看,到货定价在特定条件下更优。
This paper examines delivered pricing with systematic freight absorption in the light of the modern theory of spatial competition. Delivered pricing, multiple basing point equilibria are compared with f.o.b. mill pricing equilibria under a variety of assumptions about market structure and firms' conjectural variations. It is shown that there is no clear reason for preferring f.o.b. pricing or delivered pricing in the abstract. Delivered pricing is likely to be preferable from the consumer's standpoint either if the conjectural variations of the firms are high, or if conjectural variations are consistent, and there are few firms in the industry.