Regulating a Monopolist with Unknown Costs
From MaRDI portal
Publication:3942706
DOI10.2307/1912769zbMath0483.90019OpenAlexW2155300024WikidataQ55919235 ScholiaQ55919235MaRDI QIDQ3942706
David P. Baron, Roger B. Myerson
Publication date: 1982
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: http://www.kellogg.northwestern.edu/research/math/papers/412.pdf
maximal profitmaximal social welfareoptimal regulatory policyregulation of monopolistic firmunknown costs
Related Items (only showing first 100 items - show all)
Impact of price cap regulation on supply chain contracting between two monopolists ⋮ Competitive contracts with productive information gathering ⋮ Multidimensional signalling ⋮ Bunching properties of optimal nonlinear income taxes ⋮ Identification of participation constraints in contracts ⋮ A general characterization of interim efficient mechanisms for independent linear environments ⋮ Pricing and volume discounting for a dominant retailer with uncertain manufacturing cost information ⋮ Nonconvex equilibrium models for gas market analysis: failure of standard techniques and alternative modeling approaches ⋮ Optimal bunching without optimal control ⋮ A necessary and sufficient condition for rationalizability in a quasilinear context ⋮ On the relative performance of alternative regulatory instruments for constraining a firm's profitability ⋮ Optimal auction with a general distribution: virtual valuation without densities ⋮ An incentive scheme of a non-linear price schedule for regulating a monopolist with unknown cost ⋮ Involuntary unemployment and worker self-selection ⋮ Optimal contracts with public ex post information ⋮ Impact of structure, market share and information asymmetry on supply contracts for a single supplier multiple buyer network ⋮ Risky utilities ⋮ Asymmetric information in a bilateral monopoly ⋮ Bargaining and collusion in a regulatory relationship ⋮ Contract competition between hierarchies, managerial compensation and imperfectly correlated shocks ⋮ Reduced cost functions and their applications ⋮ Multidimensional incentive compatibility and mechanism design ⋮ Bargaining and regulation with asymmetric information about demand and supply ⋮ Regular type distributions in mechanism design and \(\rho\)-concavity ⋮ Ex-post optimal knapsack procurement ⋮ Delegation and nonmonetary incentives ⋮ Value of communication in agencies ⋮ Repeated principal-agent relationships with lending and borrowing ⋮ Multi-period contracts between principal and agent with adverse selection ⋮ Coordination and externalities ⋮ Non-linear pricing by convex duality ⋮ Informed principal and countervailing incentives ⋮ An uncertain contract model for rural migrant worker's employment problems ⋮ Efficient mechanisms with information acquisition ⋮ Delegated contracting, information, and internal control ⋮ Regulating a manager whose empire-building preferences are private information ⋮ Optimal redistributive taxation with both extensive and intensive responses ⋮ The irreversibility effect and agency conflicts ⋮ Adverse selection without single crossing: monotone solutions ⋮ Consulting collusive experts ⋮ The robustness of multidimensional signalling equilibria ⋮ Optimal environmental regulation of politically influential sectors with asymmetric information ⋮ Introduction to symposium on dynamic contracts and mechanism design ⋮ Mergers between regulated firms with unknown efficiency gains ⋮ Franchise bidding, regulation and investment costs ⋮ Regulating a firm under adverse selection and moral hazard in uncertain environment ⋮ Inducing efficiency in oligopolistic markets with increasing returns to scale ⋮ Information provision before a contract is offered ⋮ Vertical contracting with endogenous market structure ⋮ Dominant strategy implementation of Bayesian incentive compatible allocation rules ⋮ Consumer returns reduction and information revelation mechanism for a supply chain ⋮ Should purchasing activities be outsourced along with production? ⋮ Non-linear pricing and optimal shipping policies ⋮ The interaction between corporate tax structure and disclosure policy ⋮ When is multidimensional screening a convex program? ⋮ Convexity and multi-dimensional screening for spaces with different dimensions ⋮ Regulation through a revenue contest ⋮ Quality distortions in vertical relations ⋮ The role of the agent's outside options in principal-agent relationships ⋮ Endogenous information and stochastic contracts ⋮ Optimal stationary contract with two-sided imperfect enforcement and persistent adverse selection ⋮ Inequity aversion in dynamically complex supply chains ⋮ Contracts with endogenous information ⋮ Option and forward contracting with asymmetric information: Valuation issues in supply chains ⋮ When should a manufacturer share truthful manufacturing cost information with a dominant retailer? ⋮ Renegotiation design with multiple regulators ⋮ Bank monitoring incentives under moral hazard and adverse selection ⋮ Pricing, routing, and incentive compatibility in multiserver queues ⋮ Optimal Mirrleesian taxation in non-competitive labor markets ⋮ Regulation, competition, and asymmetric information ⋮ Strategic information gathering before a contract is offered ⋮ Regulation of a risk averse firm ⋮ Contracts and productive information gathering ⋮ Optimal auctions with information acquisition ⋮ Countervailing incentives in agency problems ⋮ On monitoring and collusion in hierarchies ⋮ Existence in multidimensional screening with general nonlinear preferences ⋮ Monopoly regulation without the Spence-Mirrlees assumption ⋮ Optimal regulation with unknown demand and cost functions ⋮ Try before you buy: a theory of dynamic information acquisition ⋮ Bundling versus unbundling: asymmetric information on information externalities ⋮ Production externalities and two-way distortion in principal-multi-agent problems ⋮ An adjustment scheme for nonlinear pricing problem with two buyers ⋮ A choice-based optimization approach for contracting in supply chains ⋮ Information and incentives in computing services supply: The effect of limited system choices ⋮ Participation constraints in adverse selection models ⋮ Well-designed incentive schemes: introduction to the special issue in honor of Semih Koray ⋮ Bridging bargaining theory with the regulation of a natural monopoly ⋮ Optimal incentive contracts with multiple agents ⋮ Delegation and information disclosure with unforeseen contingencies ⋮ Ex post information rents in sequential screening ⋮ A note on yardstick regulation of fishery monopolies ⋮ Inequality, poverty and the composition of redistribution ⋮ Do sellers offer menus of contracts to separate buyer types? An experimental test of adverse selection theory ⋮ Optimal employment contracts with bankruptcy constraints ⋮ Pollution control in a Cournot duopoly via taxes or permits ⋮ Pessimistic information gathering ⋮ All-or-nothing information control ⋮ Strategically equivalent contests ⋮ Dynamic incentive contracts under no-commitment to periodic auditing and a non-retrospective penalty system
This page was built for publication: Regulating a Monopolist with Unknown Costs
