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Technological change in optimal non-linear pricing

Authors :
Lionel Thomas
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