Topic
Limit price
About: Limit price is a research topic. Over the lifetime, 4865 publications have been published within this topic receiving 148546 citations.
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TL;DR: In this paper, the authors used the hedonic pricing method to estimate the price premium paid for the highest energy-efficiency label (A+) in the refrigerators market of the Basque Autonomous Community (Spain).
39 citations
Patent•
11 Jun 2002
TL;DR: In this article, the authors present a system and methods for providing traders an opportunity to improve prices for an item trading in an active market by submitting orders that improve on the price of the current market price of an item.
Abstract: Systems and methods for providing traders an opportunity to improve prices for an item trading in an active market are provided. After a trader HITS or LIFTS a bid or offer, a market becomes active. When the market is active, traders can submit orders that improve on the price of the current market price of an item. Whenever a price improvement order is currently available for use in a transaction order, a price improvement indicator is displayed to indicate to other traders that price improvement is occurring. When a price improvement order is used to fill a transaction order, a portion of the difference between the market price and the price improvement price may be divided between the trader associated with the price improvement order, the trader associated with the transaction order, and the system host.
39 citations
TL;DR: In this paper, the degree of market power exercised by fliud and manufactured processors in the U.S. dairy industry is estimated using Appelbaum's quantity-setting conjectural variation approach.
Abstract: The degree of market power exercised by fliud and manufactured processors in the U.S. dairy industry is estimated. Appelbaum's quantity-setting conjectural variation approach is cast into a switching regime framework to account for the two market regimes created by the existence of the dairy price support program: (a) government supported regime (market price is at the support price) and (b) market equilibrium regime (market price is above the support price). The model is also used to test whether government price intervention has a pro-competitive or anti-competitive influence on market conduct.
39 citations
TL;DR: In this article, the authors explain price discrimination by consumer rationing and show that if some consumers who have a low valuation for a good are served first at low prices, high valuation consumers buy at a high price although they rationally foresee future price drops.
39 citations
TL;DR: In this paper, the continuous time stochastic process, i.e., the geometric Brownian motion, has been used to model the log price process and it was shown that when the current log price is high enough to cover all costs, an optimal rotation age from the Stochastic price and deterministic price models coincides, although the total expected present net value from management activities differs.
39 citations