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NO. 218 报告人:Bo Chen

——Optimal Bundling Prices Under Correlated Valuations

编辑:系统管理员时间:2014-06-24访问次数:313

 

  目:Optimal Bundling Prices Under Correlated Valuations

报告人:Bo Chen     Assistant Professor
        Department of Economics, Southern Methodist University

主持人:夏�君   浙江大学经济学院

时  间:2014年6月24日   星期二   14:00-16:00

地  点:浙大玉泉校区外经贸大楼418室


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Abstract: We investigate optimal pricing schemes for a monopolist selling two products to a continuum of consumers with private and correlated (i.e., statistically dependent) valuations over the products, where the correlation between the consumers' valuations is modeled using copulas in the Fréchet family. We obtain explicit formulae for various optimal pricing schemes, including mixed bundling, partial mixed bundling, and pure bundling, and a complete set of comparative statics analysis for these pricing schemes. Our results shed new light on the efficacy of the pricing schemes when the consumers' valuations are asymmetric and correlated. Our characterization of the optimal pricing rules also enables us to explore whether and when random assignment of goods can strictly dominate deterministic assignments induced by optimal
pricing rules in our setting.

 
                                                  CRPE秘书处
                                                  2014-6-20