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We study the classic sequential screening problem under ex-post participation constraints. Thus the seller is required to satisfy buyers' ex-post participation constraints. A leading example is the online display advertising market, in which publishers frequently cannot use up-front fees and...
Persistent link: https://www.econbiz.de/10012954382
We study the classic sequential screening problem under ex-post participation constraints. Thus the seller is required to satisfy buyers' ex-post participation constraints. A leading example is the online display advertising market, in which publishers frequently cannot use up-front fees and...
Persistent link: https://www.econbiz.de/10012962543
We study the classic sequential screening problem in the presence of ex-post participation constraints. We establish necessary and sufficient conditions that determine exhaustively when the optimal selling mechanism is either static or sequential. In the static contract, the buyers are not...
Persistent link: https://www.econbiz.de/10012866350
We study the classic sequential screening problem in the presence of buyers' ex-post participation constraints. A leading example is the online display advertising market, in which publishers frequently do not use up-front fees and instead use transaction-contingent fees. We establish conditions...
Persistent link: https://www.econbiz.de/10012916488
) producer surplus is at least as high as profits under the uniform monopoly price, and (iii) total surplus does not exceed the …
Persistent link: https://www.econbiz.de/10013082002
guaranteed to achieve one half of the optimal monopoly profits. This revenue bound holds for any arbitrary number of segments and …
Persistent link: https://www.econbiz.de/10012841325
) producer surplus is at least as high as profits under the uniform monopoly price, and (iii) total surplus does not exceed the …
Persistent link: https://www.econbiz.de/10013055412
) producer surplus is at least as high as profits under the uniform monopoly price, and (iii) total surplus does not exceed the …
Persistent link: https://www.econbiz.de/10013046768
) producer surplus is at least as high as profits under the uniform monopoly price, and (iii) total surplus does not exceed the …
Persistent link: https://www.econbiz.de/10013079627
) producer surplus is at least as high as pro fits under the uniform monopoly price, and (iii) total surplus does not exceed the …
Persistent link: https://www.econbiz.de/10013063932