Monopoly® Pricing
4 Pages Posted: 29 Mar 2010
Abstract
There is a large and rich literature in economics on monopoly pricing. However, a close examination of this literature reveals a surprising gap: there have been virtually no studies of Monopoly® pricing. We fill that void with an empirical examination of the pricing of the board game Monopoly®. In particular, we examine market-level, quarterly prices from 1990 to 2002 and find substantial evidence of the phenomenon of customary pricing.
JEL Classification: L83, L1, L12, Z11, D42
Suggested Citation: Suggested Citation
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