Browsing by Author "Peck, James"
Now showing items 1-2 of 2
-
Non-optimality of state by state monopoly pricing with demand uncertainty: an example
Peck, James; Rampal, Jeevant (Economics Letters, 2019)This paper considers a monopoly’s profit maximizing problem, where there is a continuum of consumers with unit demand, and valuations are given by one of two possible demand distributions/states. The firm’s problem is to ... -
Optimal monopoly mechanisms with demand uncertainty
Peck, James; Rampal, Jeevant (INFORMS: Institute for Operations Research and the Management Sciences, 2021-03-10)This paper analyzes a monopoly firm’s profit-maximizing mechanism in the following context. There is a continuum of consumers with a unit demand for a good. The distribution of the consumers’ valuations is given by one of ...