Seminar
Past
Pricing and Consumer Surplus in Monopoly with Product Design
Nenad Kos
- Date18 November 2024
- Time 14h15 - 15h30
- Room Auditorium 4
Abstract
The model considers a monopolist who optimally chooses the design and price of a product on the Hotelling line. We characterize the set of prices and consumer surplus that can arise in the model across all distributions of tastes. In a stark departure from the monopoly model without product design, the seller never offers a price below a certain threshold. Moreover, the maximal consumer surplus is strictly smaller than in the absence of product design. It is attained by a distribution that renders the seller indifferent over a set of design/price combinations. Notably, the distribution does not exhibit unit elasticity given any fixed design.
Other seminars
To be announced
-
Seminar
-
Industrial Organization seminar
-
Date 7 December 2026
-
Place Auditorium 4
-
Speaker or organiser Teck Yong Tan (University of Rochester)
Details
To be announced
-
Seminar
-
Industrial Organization seminar
-
Date 16 November 2026
-
Place Auditorium 4
-
Speaker or organiser Sandro Shelegia (University of Pompeu Fabra, Barcelona)
Details
Joint IO-Finance Seminar - Platform money
-
Seminar
-
Industrial Organization seminar
Finance Seminar, TSE - TSM-R
-
Date 9 November 2026
-
Place Auditorium 4
-
Speaker or organiser Kathy Yuan
Details