Take Action
Home | Faculty & Research Overview | Research
Research Details
Monopoly Pricing, Journal of Economic Theory
Abstract
Monopoly pricing is examined in a general framework with an unknown population distribution of consumer characteristics, downward-sloping, multi-unit consumer demand, and increasing marginal cost. Reference point pricing is introduced and is shown to implement the profit-maximizing allocation. Nonlinear pricing is shown to be approximately optimal for the monopolist as the number of consumers gets large.
Type
Article
Author(s)
Date Published
1993
Citations
Spulber, Daniel. 1993. Monopoly Pricing. Journal of Economic Theory. 59(1): 222-234.
LINKKELLOGG INSIGHT
Explore leading research and ideas
Find articles, podcast episodes, and videos that spark ideas in lifelong learners, and inspire those looking to advance in their careers.
learn more
COURSE CATALOG
Review Courses & Schedules
Access information about specific courses and their schedules by viewing the interactive course scheduler tool.
LEARN MORE
DEGREE PROGRAMS
Discover the path to your goals
Whether you choose our Full-Time, Part-Time or Executive MBA program, you’ll enjoy the same unparalleled education, exceptional faculty and distinctive culture.
learn more