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SELF-SELECTION UNDER NON-ORDERED VALUATIONS: TYPE-SPLITTING, ENVY-CYCLES, RATIONING AND EFFICIENCY

Nahata, Babu; Kokovin, Serguei; Zhelobodko, Evgeny - EconWPA - 2003

We analyze self-selection problem when valuations are non-ordered. The corresponding package-pricing solution has specific graph structure. It is helpful in deriving weak su±cient conditions for both partial e±ciency and Pareto-e±ciency. Unlike the ordered valuations case, Pareto e±ciency is...

Persistent link: https://www.econbiz.de/10005556519

Managing Digital Piracy: Pricing, Protection and Welfare

Sundararajan, Arun - EconWPA - 2003

This paper analyzes the optimal choice of pricing schedules and technological deterrence levels in a market with digital piracy, when legal sellers can sometimes control the extent of piracy by implementing digital rights management (DRM) systems. It is shown that the seller's optimal pricing...

Persistent link: https://www.econbiz.de/10005561013

Nonlinear pricing of information goods

Sundararajan, Arun - EconWPA - 2003

This paper analyzes optimal pricing for information goods under incomplete information, when both unlimited-usage (fixed-fee) pricing and usage-based pricing are feasible, and administering usage-based pricing may involve transaction costs. It is shown that offering fixed- fee pricing in...

Persistent link: https://www.econbiz.de/10005561446

Three principles of competitive nonlinear pricing

Page, Frank H.; Monteiro, Paulo Klinger - EconWPA - 2002

We make three contributions to the theory of contracting under asymmetric information. First, we establish a competitive analog to the revelation principle which we call the implementation principle. This principle provides a complete characterization of all incentive compatible, indirect...

Persistent link: https://www.econbiz.de/10005118626

Package Sizes, Tariffs, Quantity Discount and Premium

Nahata, Babu; Kokovin, Serguei; Zhelobodko, Evgeny - EconWPA - 2003

- selection is neither unambigously realted to efficiency nor to the degree of monopoly power (demand elasticity). We also show …

Persistent link: https://www.econbiz.de/10005119424

Optimal Selling Mechanisms for Multiproduct Monopolists: Incentive Compatibility in the Presence of Budget Constraints.

Monteiro, Paulo Klinger; Frank H. Page Jr. - EconWPA - 1996

We demonstrate the existence of an optimal, individually rational, and incentive compatible selling mechanism for a multiproduct monopolist facing a market populated by consumers with budget constraints. Our main contribution is to show via examples and our existence result that, in general,...

Persistent link: https://www.econbiz.de/10005135131

NIGERIA'S RESPONSE TO THE DYNAMIC TELECOMMUNICATIONS

NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2003

NIGERIA WITH RESPECT TO EFFICIENCY AND WELFARE. IT FOCUSES ON ANALYSING STANDARDIZATION PROBLEMS, PRICING RULES AND ENTRY …

Persistent link: https://www.econbiz.de/10005407756

NIGERIA'S RESPONSE TO THE DYNAMIC TELECOMMUNICATIONS ENVIRONMENT: A POLICY-BASED STUDY

NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2003

TO EFFICIENCY AND WELFARE. IT FOCUSES ON ANALYSING STANDARDIZATION PROBLEMS, PRICING RULES AND ENTRY CONDITION RELATED TO …

Persistent link: https://www.econbiz.de/10005407771

Multiple-Output Production With Undesirable Outputs: An Application to Nitrogen Surplus in Agriculture

Fernandez, Carmen; Koop, Gary; Steel, Mark F.J. - EconWPA - 2002

generalization of a stochastic frontier model which is appropriate for such technologies. We discuss efficiency analysis and, in … particular, define technical and environmental efficiency in the context of our model. Methods for carrying out Bayesian …

Persistent link: https://www.econbiz.de/10005407943

India and the Challenge of New Technology

Shastri, Rahul Amolak - EconWPA - 2005

lead to cut backs in employment. In a labour surplus country like India, such improvements in efficiency can be unnecessary …. A 'necessary' or appropriate increase in efficiency may be defined as a productivity improvement that increases … must only be permitted with necessary improvements in efficiency. The defense of national interests in the process of …

Persistent link: https://www.econbiz.de/10005408115