Title of article :
The value of buyerʹs ignorance in monopoly
Author/Authors :
Alexander E. Saak، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
A non-linear pricing monopolist always prefers to sell to buyers with no private information about their tastes for the product if the marginal production cost is smaller than the marginal utility of consumption for all buyers.
Keywords :
Product quality , Private information , Monopoly
Journal title :
Economics Letters
Journal title :
Economics Letters
