The Pennsylvania Liquor Control Board administers the purchase and sale of wine and spirits and is mandated to charge a …

correlated types. We show that the monopoly can exploit the correlations between consumers' types to design pricing mechanisms … consumers types and the number of goods that the monopoly produces, the surplus that each consumer gets from buying is a scalar …. Hence, it is possible to design a two step mechanism where in the first step the monopoly induces the consumers to make …

We study the multiproduct monopoly profit maximisation problem for a seller who can commit to a dynamic pricing …