[PDF.93ln] Multidimensional Screening (Studies in Economic Theory)

Multidimensional Screening (Studies in Economic Theory)

[PDF.uo63] Multidimensional Screening (Studies in Economic Theory)

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 | #4076326 in Books |  Springer-Verlag Berlin and Heidelberg GmbH Co. KG |  2005-05-24 |  2005-01-11 | Original language:English | PDF # 1 |  9.21 x.49 x6.14l,.95 | File type: PDF | 202 pages

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In many industries the tariffs are not strictly proportional to the quantity purchased, i. e, they are nonlinear. Examples of nonlinear tariffs include railroad and electricity schedules and rental rates for durable goods and space. The major justification for the nonlinear pricing is the existence of private information on the side of consumers. In the early papers on the subject, private information was captured either by assuming a finite number of types (e. g. Adams ...

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