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weakly positively correlated, the optimal weakly collusion-proof mechanism calls for distortions away from e±ciency obtained …
Persistent link: https://www.econbiz.de/10011260879
This paper considers the screening problem faced by a monopolist of a network good in a general setting. We demonstrate that the joint presence of asymmetric information and network externalities revise the "no distortion on the top" and "one-way distortion" principle. The pattern of consumption...
Persistent link: https://www.econbiz.de/10011107904
this multidimensional mechanism design problem under two assumptions with regard to the structures of performance …
Persistent link: https://www.econbiz.de/10011111626
This paper considers an entry-deterring nonlinear pricing problem faced by an incumbent firm of a network good. The analysis recognizes that the installed user base/network of incumbent monopolist has preemptive power in deterring entry if the entrant’s good is incompatible with the...
Persistent link: https://www.econbiz.de/10011112623
This paper studies the cost requirement for two-agent collusion-proof mechanism design. Unlike the existing results for …
Persistent link: https://www.econbiz.de/10011113604