Private information in monopoly with random participation
AbstractIn a setting with random participation the seller achieves higher expected profits under intermediate private information when the heterogeneity in reservation utilities is not too small or too great.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 102 (2009)
Issue (Month): 2 (February)
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Web page: http://www.elsevier.com/locate/ecolet
Monopoly Private information Random participation;
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