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Price discrimination and competition
LA Stole - Handbook of industrial organization, 2007 - Elsevier
This chapter surveys the developments in price discrimination theory as it applies to
imperfectly competitive markets. Broad themes and conclusions are discussed in the areas …
imperfectly competitive markets. Broad themes and conclusions are discussed in the areas …
Recent developments in the theory of regulation
This chapter reviews recent theoretical work on the design of regulatory policy, focusing on
the complications that arise when regulated suppliers have better information about the …
the complications that arise when regulated suppliers have better information about the …
Dynamic mechanism design: A myersonian approach
We study mechanism design in dynamic quasilinear environments where private information
arrives over time and decisions are made over multiple periods. We make three …
arrives over time and decisions are made over multiple periods. We make three …
Performance pay and multidimensional sorting: Productivity, preferences, and gender
This paper studies the impact of incentives on worker self-selection in a controlled laboratory
experiment. Subjects face the choice between a fixed and a variable payment scheme …
experiment. Subjects face the choice between a fixed and a variable payment scheme …
The dynamics of incentive contracts
The paper studies a simple two-period principal/agent model in which the principal updates
the incentive scheme after observing the agent's first-period performance. The agent has …
the incentive scheme after observing the agent's first-period performance. The agent has …
Customer poaching and brand switching
Firms sometimes try to" poach" the customers of their competitors by offering them
inducements to switch. We analyze duopoly poaching under both short-term and long-term …
inducements to switch. We analyze duopoly poaching under both short-term and long-term …
Optimal information disclosure in auctions and the handicap auction
We analyse a situation where a monopolist is selling an indivisible good to risk-neutral
buyers who only have an estimate of their private valuations. The seller can release, without …
buyers who only have an estimate of their private valuations. The seller can release, without …
Sequential screening
We study price discrimination where consumers know at the time of contracting only the
distribution of their valuations but subsequently learn their actual valuations. Consumers are …
distribution of their valuations but subsequently learn their actual valuations. Consumers are …
Dynamic mechanism design: An introduction
We provide an introduction to the recent developments of dynamic mechanism design, with
a primary focus on the quasilinear case. First, we describe socially optimal (or efficient) …
a primary focus on the quasilinear case. First, we describe socially optimal (or efficient) …
Planning under incomplete information and the ratchet effect
Central planning of production is usually performed under asymmetric information which
leads to use of an incentive scheme. As the planner revises the scheme over time to take …
leads to use of an incentive scheme. As the planner revises the scheme over time to take …