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Bundling As An Optimal Selling Mechanism For A Multiple-Good Monopolist
auctions monopoly pricing price discrimination multi-dimensional mechanism design incentive compatibility adverse selection
2015/9/23
Multiple objects may be sold by posting a schedule consisting of one price for each possible bundle and permitting the buyer to select the price-bundle pair of his choice. We identify conditions that ...
Regulating a Monopolist With Uncertain Costs Without Transfers
Monopolist Uncertain Costs Transfers
2015/7/15
We analyze the Baron and Myerson (1982) model of regulation under the restriction that transfers are infeasible. Extending the Lagrangian approach to delegation problems of Amador and Bagwell (2013a) ...