Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10010712971
In this model, a principal decides whether to produce one indivisible good and which characteristics it contains. Agents are differentiated along two substitutable dimensions: a vertical parameter that captures their valuation for the good, and a horizontal parameter that captures their...
Persistent link: https://www.econbiz.de/10005295578