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Technological change in optimal non-linear pricing
- Source :
- Economics Letters. 63:55-59
- Publication Year :
- 1999
- Publisher :
- Elsevier BV, 1999.
-
Abstract
- We study the optimal non-linear pricing when an uniformed monopolist wants to change its current technology by a less costly one. With asymmetric information, we show that it has no interest to produce entirely with a more efficient technology.
Details
- ISSN :
- 01651765
- Volume :
- 63
- Database :
- OpenAIRE
- Journal :
- Economics Letters
- Accession number :
- edsair.doi...........f0e0c58ca8a2550d90a5da3c8b210c9a
- Full Text :
- https://doi.org/10.1016/s0165-1765(99)00054-3