Competition and Price Discrimination in the Parking Garage Industry, with Yijia Wang
2014, forthcoming Journal of Industrial Economics
Haizhen Lin, Yija Wang
This paper provides an empirical examination of the relationship between competition and price discrimination in the parking garage industry. We find the degree of price schedule curvature decreases with competition, implying a greater proportional drop in low-end prices than in high-end prices. We explain this result by differences in searching behaviors between short-term and long-term customers.
Lin, Haizhen, and Yijia Wang (2014), "Competition and Price Discrimination in the Parking Garage Industry," Journal of Industrial Economics, forthcoming.