Treating Symmetric Buyers Asymmetrically
نویسندگان
چکیده
We investigate a finite-horizon dynamic pricing problem of seller under limited commitment. Even when the buyers are ex-ante symmetric to seller, can charge different prices buyers. show that class posted-price mechanisms this asymmetric treatment strictly revenue-dominates treatment. The im- plements by using priority-based deterministic tie-breaking rule instead random rule. effect on revenue increment increases monotonically as we increase time horizon game.
منابع مشابه
Managing Strategic Buyers∗
We consider the problem of a monopolist who must sell her inventory before some deadline, facing n buyers with independent private values. The monopolist posts prices but has no commitment power. The seller faces a basic trade-off between imperfect price discrimination and maintaining an effective reserve price. When there is only one unit and only a few buyers, the seller essentially posts una...
متن کاملDo HSCs divide asymmetrically?
Hematopoiesis is maintained by stem cells with the ability to both self-renew and to give rise to differentiated progeny. A proper balance between these fates is essential to prevent hematopoietic failure or uncontrolled stem cell expansion. So how do HSCs undergo self-renewal? In theory, this can occur in 2 ways; either through symmetrical cell division (SCD) where 2 new stem cells are formed,...
متن کاملPrice Experimentation with Strategic Buyers∗
There are many situations in which buyers have a significant stake in what a firm learns about their demands. Specifically, any time that price discrimination is possible on an individual bases and repeat purchases are likely, buyers possess incentives for strategic manipulation of demand information. A simple two-period model in which a monopolist endeavors to learn about the demand parameter ...
متن کاملAsymmetrically Warped Spacetimes
We investigate spacetimes in which the speed of light along flat 4D sections varies over the extra dimensions due to different warp factors for the space and the time coordinates (“asymmetrically warped” spacetimes). The main property of such spaces is that while the induced metric is flat, implying Lorentz invariant particle physics on a brane, bulk gravitational effects will cause apparent vi...
متن کاملAsymmetrically Modified Nucleosomes
Mononucleosomes, the basic building blocks of chromatin, contain two copies of each core histone. The associated posttranslational modifications regulate essential chromatin-dependent processes, yet whether each histone copy is identically modified in vivo is unclear. We demonstrate that nucleosomes in embryonic stem cells, fibroblasts, and cancer cells exist in both symmetrically and asymmetri...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2022
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.4244603