| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5061798 | Economics Letters | 2009 | 5 Pages |
Abstract
When the buyer's utility is non-linear in type, revenue-maximizing mechanisms for multiple goods may be random. This happens when the allocation rule obtained via pointwise optimization is not incentive compatible, which is possible even with strictly increasing virtual utilities.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Nicolás Figueroa, Vasiliki Skreta,