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  • All HBS Web  (5,618)
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  • 20 Nov 2024
  • HBS Seminar

Marc Rotenberg, Georgetown University Law

    Cost Conscious? The Neural and Behavioral Impact of Price Primacy on Decision-Making

    Price is a key factor in most purchases, but can be presented at different stages of decision-making prior to a purchase. We looked at how the order of  price and product information might impact decision-making... View Details

    • 2009
    • Chapter

    Nonlinear Pricing

    By: Raghuram Iyengar and Sunil Gupta
    A nonlinear pricing schedule refers to any pricing structure where the total charges payable by customers are not proportional to the quantity of their consumed services. We begin the chapter with a discussion of the broad applicability of nonlinear pricing schemes. We... View Details
    Keywords: Price; Demand and Consumers; Duopoly and Oligopoly; Monopoly; Service Operations; Research
    Citation
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    Iyengar, Raghuram, and Sunil Gupta. "Nonlinear Pricing." In Handbook of Pricing Research in Marketing, edited by Vithala Rao. MA: Edward Elgar Publishing, 2009.
    • 1998
    • Article

    Alternative Models of Uncertain Commodity Prices for Use with Modern Asset Pricing Methods

    By: Malcolm Baker, E. S. Mayfield and John Parsons
    This paper provides an introduction to alternative models of uncertain commodity prices. A model of commodity price movements is the engine around which any valuation methodology for commodity production projects is built, whether discounted cash flow (DCF) models or... View Details
    Keywords: Asset Pricing; Goods and Commodities; Price; Risk and Uncertainty; Valuation; Production; Projects; Cash Flow
    Citation
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    Baker, Malcolm, E. S. Mayfield, and John Parsons. "Alternative Models of Uncertain Commodity Prices for Use with Modern Asset Pricing Methods." Energy Journal 19, no. 1 (1998): 115–148.

      regulating — and competing with — decentralized software platforms

      New platforms reinvent traditional markets as varied as transport, short-term accomodations, and media.  (Consider Uber, Airbnb, and YouTube.)  With new business models come new questions of regulation which Edelman and coauthor Damien Geradin assess in View Details
      • March 2017
      • Article

      Challenges for Empirical Research on RPM

      By: Alexander MacKay and David A. Smith
      This article discusses the empirical challenges that researchers face when demonstrating the existence and effects of resale price maintenance (RPM). We outline three approaches for finding price effects of RPM and the corresponding hurdles in data and methodology. We... View Details
      Keywords: Antitrust Issues And Policies; Antitrust Law; Resale Price Maintenance; Welfare Economics; Price; Competition; Research
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      MacKay, Alexander, and David A. Smith. "Challenges for Empirical Research on RPM." Review of Industrial Organization 50, no. 2 (March 2017): 209–220.
      • October 2007
      • Background Note

      Price Formation

      By: Joshua D. Coval and Erik Stafford
      Investigates how prices are formed in competitive capital markets. Focuses on a single security called AOE. Students compete with computer traders and each other for market making and informed trading profits. Participants receive a variety of public news in the form... View Details
      Keywords: Capital Markets; Price; Profit; Corporate Disclosure; Newsletters; Industry Structures; Business Processes; Competitive Strategy
      Citation
      Educators
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      Coval, Joshua D., and Erik Stafford. "Price Formation." Harvard Business School Background Note 208-040, October 2007.
      • March 1982
      • Article

      The Effect of Discretionary Price Control Decisions on Equity Values

      By: R. S. Ruback
      Keywords: Price; Decision Making; Value; Finance
      Citation
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      Ruback, R. S. "The Effect of Discretionary Price Control Decisions on Equity Values." Journal of Financial Economics 10, no. 1 (March 1982): 83–105.
      • Article

      Two-Sided Platforms: Product Variety and Pricing Structures

      By: Andrei Hagiu
      This paper provides a new modeling framework to analyze two-sided platforms connecting producers and consumers. In contrast to the existing literature, indirect network effects are determined endogenously, through consumers' taste for variety and producer competition.... View Details
      Keywords: Pricing Structure; Indirect Network Effects; Product Variety; Price; Network Effects; Two-Sided Platforms; Product; Renting or Rental; Competition
      Citation
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      Hagiu, Andrei. "Two-Sided Platforms: Product Variety and Pricing Structures ." Journal of Economics & Management Strategy 18, no. 4 (Winter 2009).
      • 2002
      • Other Unpublished Work

      Impact of Costing Systems on Pricing Decisions in a Duopoly

      By: V.G. Narayanan and Jytte Grambo Larsen
      Keywords: Duopoly and Oligopoly; Decision Making; Cost Accounting; Price
      Citation
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      Narayanan, V.G., and Jytte Grambo Larsen. "Impact of Costing Systems on Pricing Decisions in a Duopoly." September 2002.
      • March–April 2023
      • Article

      Case Study: Should a Dollar Store Raise Prices to Keep Up with Inflation?

      By: Jill Avery and Marco Bertini
      How should a dollar store maintain its brand and price position in the marketplace in the face of rising inflation? Is holding a $1.00 price point still viable in today's marketplace? In this fictional case, managers face inflationary pressures and must decide whether... View Details
      Keywords: Pricing; Pricing Strategy; Retailing; Discount Retailing; Discount Store; Marketing; Marketing Strategy; Brands and Branding; Inflation and Deflation; Retail Industry; United States
      Citation
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      Avery, Jill, and Marco Bertini. "Case Study: Should a Dollar Store Raise Prices to Keep Up with Inflation?" Harvard Business Review 101, no. 2 (March–April 2023): 140–144.
      • March 1993
      • Article

      The Effect of Firms' Financial Disclosure Strategies on Stock Prices

      By: Krishna G. Palepu and Paul M. Healy
      Keywords: Strategy; Stocks; Finance
      Citation
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      Palepu, Krishna G., and Paul M. Healy. "The Effect of Firms' Financial Disclosure Strategies on Stock Prices." Accounting Horizons 7 (March 1993): 1–11.
      • 2009
      • Chapter

      Behavioral Aspects of Price Setting, and Their Policy Implications

      By: Julio J. Rotemberg
      This paper starts by discussing consumers' cognitive and emotional reaction to posted prices. Cognitively, some consumers do not appear to make effective use of price information to maximize their consumption-based utility. Emotionally, prices can induce regret and... View Details
      Keywords: Inflation and Deflation; Price; Policy; Laws and Statutes; Demand and Consumers; Business and Government Relations
      Citation
      Related
      Rotemberg, Julio J. "Behavioral Aspects of Price Setting, and Their Policy Implications." In Policymaking Insights from Behavioral Economics, edited by Christopher L. Foote, Lorenz Goette, and Stephan Meier. Boston, MA: Federal Reserve Bank of Boston, 2009.
      • Research Summary

      The Role of Suggested Pricing in Retail

      Does a $100 shirt seem more valuable when its price tag shows a 50 discount off an original price of $200? Pricing information in retail settings often has three components: an original price, a percent discount, and the final price. Little empirical evidence exists... View Details

      • June 1984 (Revised July 1999)
      • Background Note

      Securities Law and Private Financing

      By: Howard H. Stevenson and Michael J. Roberts
      Describes the issues an entrepreneur faces in the process of raising private funds, and the securities laws which impact the process. Based in part on a note by R.E. Floor of the law firm of Goodwin, Procter & Hoar. View Details
      Keywords: Entrepreneurship; Laws and Statutes; Private Equity; Financing and Loans
      Citation
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      Stevenson, Howard H., and Michael J. Roberts. "Securities Law and Private Financing." Harvard Business School Background Note 384-164, June 1984. (Revised July 1999.)
      • November 1977
      • Article

      On the Pricing of Contingent Claims and the Modigliani-Miller Theorem

      By: Robert C. Merton
      Keywords: Price; Mathematical Methods
      Citation
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      Read Now
      Related
      Merton, Robert C. "On the Pricing of Contingent Claims and the Modigliani-Miller Theorem." Journal of Financial Economics 5 (November 1977): 241–249. (Chapter 13 in Continuous-Time Finance.)
      • October 2011
      • Article

      Fair Pricing

      By: Julio J. Rotemberg
      This paper explores the consequences of supposing that consumers see a firm as fair if they cannot reject the hypothesis that the firm is somewhat benevolent towards them. When consumers can reject this hypothesis, some become angry, which is costly to the firm. The... View Details
      Keywords: Price; Income; Consumer Behavior; Fair Value Accounting; Outcome or Result
      Citation
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      Related
      Rotemberg, Julio J. "Fair Pricing." Journal of the European Economic Association 9, no. 5 (October 2011).
      • September 2001
      • Background Note

      Note on Application of the Antitrust Laws to the New Economy: An Analysis of United States v. Microsoft Corporation

      Analyzes the 1991 decision of the U.S. Court of Appeals for the District of Columbia Circuit in the seminal New Economy antitrust case United States vs. Microsoft Corp., 253 F.3rd 34 (D.C. Cir. 2001), which arose out of Microsoft's efforts to promote Internet Explorer... View Details
      Keywords: Lawsuits and Litigation; Software; Intellectual Property; Monopoly; Laws and Statutes; Information Technology Industry; District of Columbia
      Citation
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      Related
      Bagley, Constance E. "Note on Application of the Antitrust Laws to the New Economy: An Analysis of United States v. Microsoft Corporation." Harvard Business School Background Note 802-090, September 2001.
      • January 2008 (Revised November 2009)
      • Supplement

      China's Evolving Labor Laws (B)

      By: Lynn Sharp Paine and Aldo Sesia Jr.
      The (B) case describes how the various business groups responded to the Chinese government's invitation to submit comments on its draft labor contract law and details the ensuing global controversy. The (B) case also describes changes made to the working draft and... View Details
      Keywords: Government Legislation; Labor; Contracts; Laws and Statutes; Business and Government Relations; Labor and Management Relations; Conflict and Resolution; China
      Citation
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      Paine, Lynn Sharp, and Aldo Sesia Jr. "China's Evolving Labor Laws (B)." Harvard Business School Supplement 308-093, January 2008. (Revised November 2009.)
      • January 2008 (Revised November 2009)
      • Case

      China's Evolving Labor Laws (A)

      By: Lynn Sharp Paine and Aldo Sesia Jr.
      The (A) case describes key provisions of the new labor contract law proposed by China's National People's Congress in 2006. The case invites students to consider how domestic and multinational companies should respond to the Chinese government's invitation to comment... View Details
      Keywords: Multinational Firms and Management; Government Legislation; Labor; Contracts; Laws and Statutes; Business and Government Relations; China
      Citation
      Educators
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      Related
      Paine, Lynn Sharp, and Aldo Sesia Jr. "China's Evolving Labor Laws (A)." Harvard Business School Case 308-092, January 2008. (Revised November 2009.)
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