التفاصيل البيبلوغرافية
| العنوان: |
Optimal menu of menus with self-control preferences |
| المؤلفون: |
Susanna Esteban, Eiichi Miyagawa |
| المساهمون: |
The Pennsylvania State University CiteSeerX Archives |
| المصدر: |
http://www.econ.kobe-u.ac.jp/%7Emiyagawa/papers/EstebanMiyagawa%202006Dec%20Optimal%20Menu%20of%20Menus%20with%20Self-Control%20Preferences.pdfTest. |
| سنة النشر: |
2006 |
| المجموعة: |
CiteSeerX |
| مصطلحات موضوعية: |
Temptation, self-control, commitment, nonlinear pricing, second-degree price discrimination, full surplus extraction, entry fees, specialization. ∗The first version, November 4 |
| الوقت: |
2004 |
| الوصف: |
Unlike consumers in standard economic models, the average consumer has to deal with temptation and go through a costly process of self-control. What if firms are aware of consumers’ self-control problems? Does it affect firms ’ optimal selling strategies qualitatively? To answer this question, we use Gul–Pesendorfer utility formulation and characterize a monopolist’s optimal selling scheme in the otherwise standard model of nonlinear pricing. With costly self-control, the firm can earn more profits by offering multiple menus (or plans). If the temptation of consumers is to buy a larger quantity (or a good of higher quality), a set of menus can be designed to extract all the surplus: with those menus, consumption choices appear as if the consumers ’ preferences were observable. If the temptation is to choose a smaller quantity (or spend more on outside options), full surplus extraction is not possible. The optimal scheme in this case charges entry fees since they work as a commitment device for consumers. |
| نوع الوثيقة: |
text |
| وصف الملف: |
application/pdf |
| اللغة: |
English |
| العلاقة: |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.168.4384Test; http://www.econ.kobe-u.ac.jp/%7Emiyagawa/papers/EstebanMiyagawa%202006Dec%20Optimal%20Menu%20of%20Menus%20with%20Self-Control%20Preferences.pdfTest |
| الإتاحة: |
http://www.econ.kobe-u.ac.jp/%7Emiyagawa/papers/EstebanMiyagawa%202006Dec%20Optimal%20Menu%20of%20Menus%20with%20Self-Control%20Preferences.pdfTest |
| حقوق: |
Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| رقم الانضمام: |
edsbas.AEFD3830 |
| قاعدة البيانات: |
BASE |
