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Monopolist nonlinear pricing in a seller's market

O'Brien, Lucas D.
arXiv (All) · Papers
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analysis-of-pdes
In this paper, we study the Rochet-Choné model of monopolist pricing in the seller's market limit. We introduce a monotonicity formula which yields an asymptotic description of solutions, and prove that the proportion of consumers priced out of the market vanishes as overall consumer demand increase
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