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This paper studies when and how intertemporal bundling arises in optimal dynamic selling mechanisms in a two-period setting, in which two objects are available for sale sequentially in different periods. When the buyer’s values of the two objects are independent, in contrast to conventional...
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commission. In an environment where demand is fairly inelastic and the incentives of the decision-making authority is not aligned …
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show that the Chicago School Theory of a single monopoly surplus that justifies tying, bundling, and loyalty …
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customer accedes to a bundled discount demand is hollow. Execution of such a threat would harm the monopolist, and harm it …
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