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Snobs and Quality Gaps
Basov, Suren - In: Contributions in Theoretical Economics 6 (2006) 1
The paper characterizes the optimal provision of quality by a monopolist facing a population of consumers with private valuation for quality. Unlike previous models by Mussa and Rosen (1978) and others, this paper assumes there is a mass of consumers who prefer the highest quality goods. I liken...
Persistent link: https://www.econbiz.de/10014589037
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Multidimensional screening
Basov, Suren - 2005
Persistent link: https://www.econbiz.de/10002392714
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Multidimensional Screening
Basov, Suren (contributor) - 2005
multidimensional results screening and applies them straightaway to economic models. The first part of this book contains a review of … extensively used in multidimensional screening models. Part II is devoted to the economics of sceening models. It starts with a … detailed discussion of economics and mathematics of unidimensional screening problems and three approaches to their solution …
Persistent link: https://www.econbiz.de/10014014034
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Quality Gaps
Basov, Suren - Department of Economics, Faculty of Business and Economics - 2006
In this paper I consider a monopolistic screening model with continuum of types when the type set is a disconnected … sufficiently small. I also use the results to show that the inverse screening problem may be ill-defined. …
Persistent link: https://www.econbiz.de/10005458665
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Snobs and Quality Gaps
Basov, Suren - In: Contributions to Theoretical Economics 6 (2006) 1, pp. 1254-1254
The paper characterizes the optimal provision of quality by a monopolist facing a population of consumers with private valuation for quality. Unlike previous models by Mussa and Rosen (1978) and others, this paper assumes there is a mass of consumers who prefer the highest quality goods. I liken...
Persistent link: https://www.econbiz.de/10005579654
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Snobs and Quality Gaps
Basov, Suren - Department of Economics, Faculty of Business and Economics - 2005
In this paper I revisit the Mussa and Rosen (1978) model. However, unlike Mussa and Rosen, I assume that there is a positive mass of the consumers of the highest possible type. I call them snobs. I prove that snobs consumers are served efficiently and the product line decreases in the mass of...
Persistent link: https://www.econbiz.de/10005587768