On Price Recognition and Computational Complexity in a Monopolistic Model
On Price Recognition and Computational Complexity in a Monopolistic Model
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垄断模型中的价格识别和计算复杂性
DOI:
10.1086/261883
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发表时间:
1993
影响因子:
8.2
通讯作者:
A. Rubinstein
中科院分区:
文献类型:
--
作者:
A. Rubinstein
A single seller of an indivisible good operates in a market with many consumers who differ in their ability to process information. The consumers' constraints are modeled in two submodels: the first in terms of the limits on the number of sets in the partition of the price space, and the second in terms of the limits on the complexity of the operation he can use to process a price offer. For the construction of the second submodel, the tool of a "perceptron" is borrowed from the parallel computation literature. Assuming a negative correlation between the seller's cost of supply of the good and the consumer's ability to process information, I demonstrate that the heterogeneity of consumer's abilities can be used by the seller to profitably discriminate among them.