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Tags

#aea #game-theory #hidden-information #microeconomics #static-bilateral-contracting

Question

Monopolist produces quantity (or quality) q at cost c(q) (increasing and convex in q). Assume that transfer is a lump sum and not a price per unit. (we want to introduce non linear prices). If he sells quantity q for T then his profit = [...].

Answer

π = T − c(q)

Tags

#aea #game-theory #hidden-information #microeconomics #static-bilateral-contracting

Question

Monopolist produces quantity (or quality) q at cost c(q) (increasing and convex in q). Assume that transfer is a lump sum and not a price per unit. (we want to introduce non linear prices). If he sells quantity q for T then his profit = [...].

Answer

?

Tags

#aea #game-theory #hidden-information #microeconomics #static-bilateral-contracting

Question

Monopolist produces quantity (or quality) q at cost c(q) (increasing and convex in q). Assume that transfer is a lump sum and not a price per unit. (we want to introduce non linear prices). If he sells quantity q for T then his profit = [...].

Answer

π = T − c(q)

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#### Parent (intermediate) annotation

**Open it**

at cost c(q) (increasing and convex in q). Assume that transfer is a lump sum and not a price per unit. (we want to introduce non linear prices). If he sells quantity q for T then his profit = <span>π = T − c(q). <span>

#### Original toplevel document (pdf)

owner: titusf - (no access) - L1 Generalised static bilateral hidden info model.pdf, p5

at cost c(q) (increasing and convex in q). Assume that transfer is a lump sum and not a price per unit. (we want to introduce non linear prices). If he sells quantity q for T then his profit = <span>π = T − c(q). <span>

status | not learned | measured difficulty | 37% [default] | last interval [days] | |||
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