The Inclusiveness of Exclusion

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Autores

Barelli, Paulo
Basov, Suren
Bugarin, Mauricio Soares
King, Ian

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Citações na Scopus

Tipo de documento

Working Paper

Data

2010

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Resumo

We extend Armstrong’s (1996) result on exclusion in multidimensional screening models in two key ways, providing support for the view that this result is quite generic and applicable to many different markets. First, we relax the strong technical assumptions he imposed on preferences and consumer types. Second, we extend the result beyond the monopolistic market structure to generalized oligopoly settings with entry. We also analyse applications to several quite different settings: credit markets, automobile industry, research grants, the regulation of a monopolist with unknown demand and cost functions, and involuntary unemployment in the labor market.

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Idioma

Português

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Área do Conhecimento CNPQ

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