bunching occurs, the bunching interval is necessarily smaller. Additionally, under certain conditions the monopoly solution may … even achieve the ?rst best (i.e., production ef?ciency). We also demonstrate that the optimal monopoly so- lutions can be …

multidimensional but correlated types. We show that the monopoly can exploit the correlations between consumers' types to design … dimensionality of the consumers types and the number of goods produced by the monopoly, the surplus that each consumer gets after … buying is a scalar. Hence, it is possible to design a two step mechanism where in the first step the monopoly induces the …

explanation to this puzzle by providing a simple framework to analyze a monopoly seller's optimal marketing strategy in terms of …