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This paper studies the role of exchange policies as a price discrimination device in a sequential screening model with …
Persistent link: https://www.econbiz.de/10011430431
This article describes ways to use original texts in the National Russian Corpus as well as news texts for teaching Russian as a foreign language. Two-year work of a scientific group of Higher School of Economics (Nizhny Novgorod-Moscow), which is called CorpLings is analyzed. Special attention...
Persistent link: https://www.econbiz.de/10014139754
We provide a technique for constructing optimal multiattribute screening contracts in a general setting with one …
Persistent link: https://www.econbiz.de/10012978605
Telemonitoring devices can be used to screen consumers' characteristics and mitigate information asymmetries that lead to adverse selection in insurance markets. However, some consumers value their privacy and dislike sharing private information with insurers. In the second-best efficient...
Persistent link: https://www.econbiz.de/10011724373
screening by mode of trade. By selling to high types while renting to low types, the monopolist overcomes the obstacles …
Persistent link: https://www.econbiz.de/10012131973
We present a model of price discrimination where a monopolist faces a consumer who is privately informed about the distribution of his valuation for an indivisible unit of good but has yet to learn privately the actual valuation. The monopolist sequentially screens the consumer with a menu of...
Persistent link: https://www.econbiz.de/10014056067
the optimal allocations and can be separated out in the optimal screening contracts. Specifically, we characterize the … – complete information pricing and uniform pricing – to shed light on the value of screening and the value of network in …
Persistent link: https://www.econbiz.de/10012850877
This work takes a closer look on the predominant assumption in usual lemon market models of having finitely many or even only two different levels of quality. We model a situation which is close to the classical monopolistic setting but admits an interval of possible quality values....
Persistent link: https://www.econbiz.de/10010403068
adverse selection, screening, and imperfect competition. We show that the relationship between an agent's type, the quantity …
Persistent link: https://www.econbiz.de/10012945860
unique equilibrium and then use this characterization to explore the interaction between adverse selection, screening, and …
Persistent link: https://www.econbiz.de/10012995843