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We characterize a monopolist's optimal offer of service plans when only informed customers know already at the contracting stage whether their demand is high or low, while uninformed customers may learn their demand only after incurring some costs, if at all. While informed customers purchase...
Persistent link: https://www.econbiz.de/10003794017
-level productivity and scale effects. I show here that the incorporation of theory-based endogenous markups into AGE models is not …
Persistent link: https://www.econbiz.de/10014252426
-level productivity and scale effects. I show here that the incorporation of theory-based endogenous markups into AGE models is not …
Persistent link: https://www.econbiz.de/10014357511
Persistent link: https://www.econbiz.de/10014286273
-level productivity and scale effects. I show here that the incorporation of theory-based endogenous markups into AGE models is not …
Persistent link: https://www.econbiz.de/10014250198
monopoly distortions, reducing the deadweight loss of markups for high-income countries by 15% while increasing it by 44% among …
Persistent link: https://www.econbiz.de/10014583781
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We investigate the welfare effects of third-degree price discrimination by a two-sided platform that enables interaction between buyers and sellers. Sellers are heterogenous with respect to their per-interaction benefit, and, under price discrimination, the platform can condition its fee on...
Persistent link: https://www.econbiz.de/10014334054
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