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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Year of publication:	2009
Authors:	Saak, Alexander E.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 102.2009, 2, p. 67-69
Publisher:	Elsevier
Subject:	Monopoly Private information Random participation

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005296464