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Bundling As An Optimal Selling Mechanism For A Multiple-Good Monopolist
auctions monopoly pricing price discrimination multi-dimensional mechanism design incentive compatibility adverse selection
2015/9/23
Multiple objects may be sold by posting a schedule consisting of one price for each possible bundle and permitting the buyer to select the price-bundle pair of his choice. We identify conditions that ...
Policy Bundling to Overcome Loss Aversion: A Method for Improving Legislative Outcomes
Decision Making Cost vs Benefits Policy Government Legislation Outcome or Result Welfare or Wellbeing
2015/4/23
Policies that would create net benefits for society but would also involve costs frequently lack the necessary support to be enacted because losses loom larger than gains psychologically. To reduce th...