Multidimensional Screening
Suren Basov
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Description for Multidimensional Screening
Paperback. Series: Studies in Economic Theory. Num Pages: 216 pages, biography. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 11. Weight in Grams: 338.
In many industries the tariffs are not strictly proportional to the quantity purchased, i. e, they are nonlinear. Examples of nonlinear tariffs include railroad and electricity schedules and rental rates for durable goods and space. The major justification for the nonlinear pricing is the existence of private information on the side of consumers. In the early papers on the subject, private information was captured either by assuming a finite number of types (e. g. Adams and Yellen, 1976) or by a unidimensional continuum of types (Mussa and Rosen, 1978). Economics of the unidimen sional problems is by now well understood. ... Read more
In many industries the tariffs are not strictly proportional to the quantity purchased, i. e, they are nonlinear. Examples of nonlinear tariffs include railroad and electricity schedules and rental rates for durable goods and space. The major justification for the nonlinear pricing is the existence of private information on the side of consumers. In the early papers on the subject, private information was captured either by assuming a finite number of types (e. g. Adams and Yellen, 1976) or by a unidimensional continuum of types (Mussa and Rosen, 1978). Economics of the unidimen sional problems is by now well understood. ... Read more
Product Details
Format
Paperback
Publication date
2010
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
216
Condition
New
Series
Studies in Economic Theory
Number of Pages
202
Place of Publication
Berlin, Germany
ISBN
9783642062889
SKU
V9783642062889
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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