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Title: Compensatory and noncompensatory decision strategies in a monopolistic screening model
Authors: Papi, Mauro
Keywords: Bounded rationality
Compensatory strategy
Noncompensatory strategy
Monopolistic screening
Satisficing
HB Economic Theory
Issue Date: 23-Nov-2011
Citation: Papi , M 2011 ' Compensatory and noncompensatory decision strategies in a monopolistic screening model ' .
Abstract: A monopolist supplies a multi-attribute good and does not know whether the consumer makes or avoids tradeoffs between attributes. We illustrate a form of exploitation to which the tradeoff-avoiding consumer is vulnerable and draw some policy-relevant conclusions.
Version: Postprint
Description: Submitted to the B.E. Journal of Theoretical Economics
URI: http://hdl.handle.net/10023/2602
Type: Working or discussion paper
Rights: (c) the author
Appears in Collections:University of St Andrews Research
Economics & Finance Research



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