Purchase decisions made prior to the revelation of price: simple analytics of the consumer's problem. (Communications): An article from: Southern Economic Journal

This digital document is an article from Southern Economic Journal, published by Southern Economic Association on April 1, 1994. The length of the article is 2291 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Consumption decisions reached during sale price uncertainty is analyzed. Analysis points out that assumption of perfect price information at the time of sale is not realistic. Optimal behavior can possibly be characterized intuitively. Increases in mean prices lead to diminished consumption under unexceptional conditions. Electricity and long distance phone service are good subjects for investigations on this topic.

Citation Details
Title: Purchase decisions made prior to the revelation of price: simple analytics of the consumer's problem. (Communications)
Author: T. Randolph Beard
Publication:Southern Economic Journal (Refereed)
Date: April 1, 1994
Publisher: Southern Economic Association
Volume: v60 Issue: n4 Page: p1055(5)

Distributed by Thomson Gale