Centro de Documentacion de Fundación MAPFRE - Tomb price discrimination in cemeteries : competition in the market for corpses?

Publication: Madrid : Instituto de Empresa, 2007Series: (IE working paper ; WP07-09)Notes: Sumario: The authors study empirically the determinants of public tomb prices in a sample of Spanish towns. They document strong evidence in favor that cemeteries act as local monopolies that use second degree price discrimination to maximize profits. Additionally they report that local cemetery prices react to competition from private cremation companies. This competition is associated with lower price dispersion caused by an increase in the minimum niche prices with no effect on other higher niche pieces. They conclude that cemeteries have accommodated and facilitated entry of private cremation companies through an increase in those niche prices more likely to affect cremation demandMateria / lugar / evento: Seguro de decesos Cementerios Funerarias Tumbas Análisis empírico Análisis costo-beneficio España Otros autores: Sánchez Graells, Albert
Santaló, Juan
Instituto de Empresa
Other categories: 344.4