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Tomb price discrimination in cemeteries : competition in the market for corpses?

 
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<title>Tomb price discrimination in cemeteries : competition in the market for corpses?</title>
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<name type="personal" usage="primary" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080372262">
<namePart>Marcos Fernández, Francisco</namePart>
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<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20090033856">
<namePart>Sánchez Graells, Albert</namePart>
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<name type="personal" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20090033801">
<namePart>Santaló, Juan</namePart>
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<namePart>Instituto de Empresa</namePart>
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<placeTerm type="code" authority="marccountry">esp</placeTerm>
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<issuance>monographic</issuance>
<place>
<placeTerm type="text">Madrid</placeTerm>
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<publisher>Instituto de Empresa</publisher>
<dateIssued>2007</dateIssued>
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<abstract displayLabel="Summary">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 demand</abstract>
<note type="statement of responsibility">Francisco Marcos, Albert Sánchez, Juan Santaló</note>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080582593">
<topic>Seguro de decesos</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20090033825">
<topic>Cementerios</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20090033832">
<topic>Funerarias</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20090033849">
<topic>Tumbas</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080578879">
<topic>Análisis empírico</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080613099">
<topic>Análisis costo-beneficio</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080637736">
<geographic>España</geographic>
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<classification authority="">344.4</classification>
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<title>IE working paper</title>
<partNumber>WP07-09</partNumber>
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