Private information in monopoly with random participation
In 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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- Rochet, Jean-Charles & Stole, Lars A, 2002.
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- Jonathan Levin, 2001.
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01004, Stanford University, Department of Economics.
- Marco Ottaviani, 2000.
"The Value of Public Information in Monopoly,"
Econometric Society World Congress 2000 Contributed Papers
1479, Econometric Society.
- Lewis, Tracy R & Sappington, David E M, 1994. "Supplying Information to Facilitate Price Discrimination," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(2), pages 309-27, May.
- David P. Myatt & Justin P. Johnson, 2004.
"On the Simple Economics of Advertising, Marketing, and Product Design,"
Economics Series Working Papers
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- Justin P. Johnson & David P. Myatt, 2006. "On the Simple Economics of Advertising, Marketing, and Product Design," American Economic Review, American Economic Association, vol. 96(3), pages 756-784, June.
- Saak, Alexander E., 2006. "The value of buyer's ignorance in monopoly," Economics Letters, Elsevier, vol. 90(3), pages 373-377, March.
- Tülin Erdem & Michael P. Keane, 1996. "Decision-Making Under Uncertainty: Capturing Dynamic Brand Choice Processes in Turbulent Consumer Goods Markets," Marketing Science, INFORMS, vol. 15(1), pages 1-20.
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