As a country beginning its motorization process, China must confront the problems attached to an oil-based car society. In adopting conventional automobile technology, the country would aggravate an already unstable oil balance while pushing up carbon dioxide levels. Not only would domestic...

Der in China beginnende Motorisierungsprozess führt zwangsläufig zu einer Konfrontation mit den Umwelt- und Ressourcenkonflikten, die mit der erdölbasierten Automobiltechnologie des vergangenen Jahrhunderts Hand in Hand gehen. Dadurch würde sich zum einen die gegenwärtig problematische...

The classic third degree price discrimination (3PD) model requires the knowledge of the distribution of buyer valuations and the covariate to set the price conditioned on the covariate. In terms of generating revenue, the classic result shows that 3PD is at least as good as uniform pricing. What...