Asymmetric Price Differential between Medium and Small Class Cars across Countries: A Case Study-Korea and the U.S.

This paper examines how a Korean automobile firm price-discriminates between the Korean and the U.S. markets. We argue that a Korean automobile firm's pricing behavior depends on the differences in price elasticity over the segmented markets between the countries. Our findings are that differen...

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Bibliographic Details

Published in:	East Asian Economic Review
Main Authors:	Woong Lee, Hyung Ju Hong
Format:	Article
Language:	English
Published:	Korea Institute for International Economic Policy 2012-09-01
Subjects:	International Price Discrimination Law of One Price Pricing to Market Automobile Industry
Online Access:	http://dx.doi.org/10.11644/KIEP.JEAI.2012.16.3.250