A Property of Solutions to Linear Monopoly Problems
نویسندگان
چکیده
منابع مشابه
A Property of Solutions to Linear Monopoly Problems
We extend the ‘no-haggling’ result of Riley and Zeckhauser (1983) to the class of linear multiproduct monopoly problems when the buyer’s valuations are smoothly distributed. In particular we show that there is no loss for the seller in optimizing over mechanisms such that all allocations belong to the boundary of the feasible set. The set of potentially optimal mechanisms can be further restric...
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ژورنال
عنوان ژورنال: The B.E. Journal of Theoretical Economics
سال: 2011
ISSN: 1935-1704
DOI: 10.2202/1935-1704.1663