TECHNICAL CHANGE AND INVESTMENT LEVEL IN OPTIMAL NON-LINEAR PRICING.

In this paper, we develop an adverse selection model where a monopoly choices a non-linear pricing associated with an investment level which defines the technology of production used. We show that, in general, to implement a non-linear pricing the monopoly choice a level of investment, which depends of the type of consumer and, also, that the level of investment for each type is correlated with the recovery degree of the investment.

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Year of publication:	1999
Authors:	Guy, Patrick
Institutions:	HAL
Subject:	Adverse selection \| Investment \| Non linear pricing \| Technology of production

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Extent:	application/pdf
Series:	Post-Print.
Type of publication:	Book / Working Paper
Language:	English
Notes:	View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00111645/en/
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008792716