Selling two complementary goods

arxiv(2023)

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摘要
A seller is selling a pair of divisible complementary goods to an agent. The agent consumes the goods only in a specific ratio and freely disposes of excess in either good. The value of the bundle and the ratio are the agent’s private information. In this two-dimensional type space model, we characterize the incentive constraints and show that the optimal (expected revenue-maximizing) mechanism is a ratio-dependent posted price or a posted price mechanism for a class of distributions. We also show that the optimal mechanism is a posted price mechanism when the value and the ratio are independently distributed.
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关键词
Optimal mechanism,Complementary goods,Multi-dimensional private information,Posted-price mechanism,D82,D40,D42
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