THE VALUE OF PRIVATE INFORMATION IN MONOPOLY*

A-Tier
Journal: Journal of Industrial Economics
Year: 2008
Volume: 56
Issue: 1
Pages: 169-189

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We investigate a basic question about a monopoly with incomplete information: when does the seller have an incentive to allow potential buyers to acquire more private information about their tastes for the seller's product? Under plausible conditions such as log‐concave density of willingness‐to‐pay and convex marginal cost, the seller prefers that the paying customers be well informed as a group but be left in the dark regarding their individual tastes.

Technical Details

RePEc Handle
repec:bla:jindec:v:56:y:2008:i:1:p:169-189
Journal Field
Industrial Organization
Author Count
1
Added to Database
2026-01-29