Monopolistic group design with peer effects
Monopolistic group design with peer effects
复制标题
具有同伴效应的垄断群体设计
DOI:
--
复制
发表时间:
2009
期刊:
影响因子:
--
通讯作者:
Simon Board
中科院分区:
文献类型:
--
作者:
Simon Board
In a range of settings, private firms manage peer effects by sorting agents into different groups, be they schools, communities, or product categories. This paper considers such a firm, which controls group entry by setting a series of anonymous prices. We show that private provision systematically leads to two distortions relative to the efficient solution: first, agents are segregated too finely; second, too many agents are excluded from all groups. We demonstrate that these distortions are a consequence of anonymous pricing and do not depend upon the nature of the peer effects. This general approach also allows us to assess the way the ‘returns to scale’ of peer technology and the cost of group formation affect the optimal group structure.
影响因子:
8.2
作者:
B. Moldovanu;A. Sela;Xianwen Shi
通讯作者:
B. Moldovanu;A. Sela;Xianwen Shi