The Value of Public Information in Monopoly∗

نویسندگان

  • Marco Ottaviani
  • Andrea Prat
چکیده

The logic of the linkage principle of Milgrom and Weber (1982) extends to price discrimination. A non-linear pricing monopolist who sells to a single buyer always prefers to commit to publicly reveal information affiliated to the valuation of the buyer.

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تاریخ انتشار 2000