Selling Mechanism with Passive Reassignment
Speaker: Dr. Xin Feng (Nanjing University)
Topic: |
Selling Mechanism with Passive Reassignment |
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Time&Date: |
12:00-13:00 pm, 2019/10/24 (Thursday) |
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Venue: |
Room 619, Teaching A Building |
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Speaker: |
Dr. Xin Feng (Nanjing University) |
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Abstract: |
A seller produces and sells products to consumers of mass one through a selling mechanism. Consumers are endowed with bi-dimensional private information on their own values and entry costs. Each consumer demands up to one unit of the product. We study both efficient and revenue-maximizing selling mechanisms with passive reassignment, which allows the possibility of allocating the products to non-participating consumers. |
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