What are the advantages of value-based pricing? What are the disadvantages of value-based pricing?

However, as the model of perfect competition assumes that prices are not set by rational agents but are determined as the prices that “equate supply with demand ... Mar 3, 2008 ... Tips from TIPS: the informational content of Treasury Inflation-Protected Security prices ... structure model of inflation and interest rates. Still, equilibrium in AIG models does seem to involve another quan- tum leap beyond, say, rational expectations models with informative prices. As game models, ... Jun 29, 2016 ... We model financial innovations such as Exchange-Traded Funds, smart beta products, and many index-based vehicles as composite securities ... Open-economy models with price stickiness and local-currency pricing often require an average duration above 4 quarters to approximate those stylized facts. I ... NY State of Health's Essential Plan includes comprehensive benefits with $0 monthly premiums and very low-cost sharing. The literature on asset markets with asymmetric information began with the development of rational expectations equilibrium models in the late seventies and ... I construct an asset pricing model in which the transmission rate of information determines equilibrium asset prices and volume. The model is a four-period ... ... Information Cost Estimate Model, a tool designed to assist the public and governmental bodies in estimating costs associated with public information requests. ... prices calculated in the model is measured empirically using a smartphone app. As a possible substitute for financial incentives, the effect of information ...