Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10005520950
This paper shows that for a price setting monopsony, offering to transact in a mixed bundle of goods of uncertain quality is profit enhancing. The magnitude of this enhancement relative to no bundling is greater the smaller the gap in the degree of quality uncertainty between the two goods...
Persistent link: https://www.econbiz.de/10005388244