Construct · 1 fields · 1 citations

damaged goods: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

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Economics

a firm deliberately degrading a version of its product to sell it at a lower price, as a form of price discrimination that can benefit all consumers.

In economics, damaged goods refers to a firm deliberately degrading a version of its product to sell it at a lower price, as a form of price discrimination that can benefit all consumers. This meaning comes from Deneckere (1996) in Journal of Economics & Management Strategy.[1]

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Nearby constructs

discrimination4 fields · 7 citationsjingle · one word, four constructs form4 fields · 7 citationsjingle · one word, four constructs price discrimination1 fields · 1 citationsanchor · a standalone construct

References

Deneckere, R. J., & Preston McAfee, R. (1996). Damaged Goods. Journal of Economics & Management Strategy, 5(2), 149-174. https://doi.org/10.1111/j.1430-9134.1996.00149.x

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