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Persistent link: https://www.econbiz.de/10003678724
In community development, education provision and organisational design, private firms manage peer effects by sorting agents into different neighbourhoods, schools and teams. This paper considers such a firm who controls group entry by setting a series of anonymous prices. We show that private...
Persistent link: https://www.econbiz.de/10014057717
This paper solves for the profit maximising strategy of a durable-goods monopolist when incoming demand varies over time. Each period, additional consumers enter the market; these consumers can then choose whether and when to purchase. We first characterise the consumer's utility maximisation...
Persistent link: https://www.econbiz.de/10014057719