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Consider the problem of maximizing the revenue from selling a number of goods to a single buyer. We show that, unlike … the case of one good, when the buyer's values for the goods increase the seller's maximal revenue may well decrease. We … advantage of randomization when maximizing revenue in the multiple-good versus the one-good case. Finally, we consider "seller …
Persistent link: https://www.econbiz.de/10011673142
Consider the problem of maximizing the revenue from selling a number of goods to a single buyer. We show that, unlike … the case of one good, when the buyer's values for the goods increase the seller's maximal revenue may well decrease. We … advantage of randomization when maximizing revenue in the multiple-good versus the one-good case. Finally, we consider "seller …
Persistent link: https://www.econbiz.de/10011599558
Consider the problem of maximizing the revenue from selling a number of goods to a single buyer. We show that, unlike … the case of one good, when the buyer's values for the goods increase the seller's maximal revenue may well decrease. We … advantage of randomization when maximizing revenue in the multiple-good versus the one-good case. Finally, we consider "seller …
Persistent link: https://www.econbiz.de/10010940429
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