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Reservation Price

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Reservation price
The price below or above which a seller or purchaser is unwilling to go.
Reservation Price
The price for an asset above which a buyer is not willing to pay and/or below which a seller is not will to take. This tension between the buyer wanting a low price and the seller wanting a high price helps create the market price for the asset. The reservation price is important in microeconomics, where it is used to help determine an asset's equilibrium price. See also: Reservation wage.
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For example, if you know the client is highly price sensitive, you may only present the reservation price for all three options.
Pricing on purpose: how to implement value pricing in your firm by Baker, Ronald J. / Journal of Accountancy
That would position the good in the eyes of the public as a high quality prestigious good and would tend to raise the reservation price of the customers.
Economics of deals and optimal pricing policy by Spiegel, Uriel; Templeman, Joseph / International Journal of Business
Items you should note are that most properties should have a reservation price, meaning you should be able to pay, anywhere from a thousand to maybe more Euros to reserve popular properties that are going fast in the market.
Insights on How to Purchase Property in Bansko by Alvin Huang / Real estate industry community
 
 
 
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