In an environment that features second-degree price discrimination, this paper fully characterizes the set of surplus divisions that can arise from all possible information consumers have about their valuation. By extending the techniques developed in a companion paper (Yang, 2019a), I show that...

This paper explores the buyer-optimal information structures in a monopolistic screening context with nonlinear production technology. It shows that the buyer's optimal surplus may increase even when the production cost becomes more uncertain or when the efficient surplus decreases. Under a...