Showing 1 - 2 of 2
In this paper we study the production and pricing of a good by a single supplier (such as a monopolist or government) under some given optimality criterion--for example, profit maximization or social benefit maximization. In general, this may require discriminatory pricing. The primary focus...
Persistent link: https://www.econbiz.de/10009475657
When individual statistics are aggregated through a strictly monotone function to anaggregate statistic, common knowledge of the value of the aggregate statistic does not imply, in general, that the individual statistics are either equal or constant. This paper discusses circumstances where...
Persistent link: https://www.econbiz.de/10009475658