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Third-Degree Price Discrimination Versus Uniform Pricing
We compare the profit of the optimal third-degree price discrimination policy against a uniform pricing policy.
Calibrated Click-Through Auctions: An Information Design Approach
While the auctioneer takes as given the auction rule of the click-through auction, namely the generalized second-price auction, the auctioneer can design the information flow regarding the click-through rates among the bidders.
Screening with Persuasion
We consider a general nonlinear pricing environment with private information.
The Optimality of Constant Mark-Up Pricing
With a constant elasticity cost function, constant markup pricing provides the optimal revenue guarantee across all possible distributions of willingness to pay and the lower bound is attained under a Pareto distribution.
Data, Competition, and Digital Platforms
We analyze digital markets where a monopolist platform uses data to match multiproduct sellers with heterogeneous consumers who can purchase both on and off the platform.
How Do Digital Advertising Auctions Impact Product Prices?
We ask how the advertising mechanisms of digital platforms impact product prices.
Managing Persuasion Robustly: The Optimality of Quota Rules
The optimal decision rule is a quota rule, i. e., the decision rule maximizes the receiver's ex-ante payoff subject to the constraint that the marginal distribution over actions adheres to a consistent quota, regardless of the sender's chosen signal structure.
A Unified Approach to Second and Third Degree Price Discrimination
We analyze the welfare impact of a monopolist able to segment a multiproduct market and offer differentiated price menus within each segment.
