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The Value of Public Information in Monopoly

Author

Listed:
  • Marco Ottaviani
  • Andrea Prat

Abstract

The logic of the linkage principle of Milgrom and Weber (1982) extends to price discrimination. A non-linear pricing monopolist who sells to a single buyer always prefers to commit to publicly reveal information affiliated to the valuation of the buyer.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Marco Ottaviani & Andrea Prat, 2001. "The Value of Public Information in Monopoly," Econometrica, Econometric Society, vol. 69(6), pages 1673-1683, November.
  • Handle: RePEc:ecm:emetrp:v:69:y:2001:i:6:p:1673-1683
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