|
主讲人 |
Jianpei Li |
简介 |
<p>Abstract: When procuring multiple products from competing</p>
<div>firms, a buyer may choose separate purchase, pure bundling, or mixed</div>
<div>bundling. We show that pure bundling will generate higher buyer surplus than</div>
<div>both separate purchase and mixed bundling, provided that trade for each good</div>
<div>is likely to be efficient. Pure bundling is superior because it intensifies</div>
<div>the competition between firms by reducing their cost asymmetry. Mixed</div>
<div>bundling is inferior because it allows firms to coordinate to the high</div>
<div>prices associated with separate purchase. (Pure) bundling is more likely to</div>
<div>be selected as a procurement strategy when: (i) the products' values are</div>
<div>higher relative to their possible costs, (ii) costs for different goods are</div>
<div>more negatively or less positively dependent, or (iii) the cost distribution</div>
<div>of each product is more dispersed.</div> |
|
主讲人简介 |
<p>Professor, Ph.D. in Economics</p>
<div>
<div>School of International Trade and Economics</div>
</div>
<div>University of International Business and Economics</div>
<div> </div>
<div><a href="/EventsMgr/Upload/File/2015/4/20150415110356911.pdf">Prof. Jianpei Li'CV</a></div> |
期数 |
“WISE-SOE”高级经济学系列讲座2015春季学期第五讲（总第344讲）--微观领域 |
