Profit maximizing nonlinear pricing
Author
Summary, in English
If the preferences of the consumers are represented by utility functions that are differentiable, quasi-linear and satisfy the single-crossing condition, the characteristics of the profit maximizing nonlinear outlay schedule for a monopolist are well-known. We demonstrate that these characteristics are robust against weaker assumptions on the utility functions.
Department/s
Publishing year
2005
Language
English
Pages
135-139
Publication/Series
Economics Letters
Volume
88
Issue
1
Document type
Journal article
Publisher
Elsevier
Topic
- Economics
Keywords
- nonlinear pricing
- monopoly
Status
Published
ISBN/ISSN/Other
- ISSN: 0165-1765