Compensatory and noncompensatory decision strategies in a monopolistic screening model
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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.
Papi , M 2011 ' Compensatory and noncompensatory decision strategies in a monopolistic screening model ' .
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DescriptionSubmitted to the B.E. Journal of Theoretical Economics
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