Under multinomial logit demand with seller-set prices, the revenue-maximizing display rule is to show only the top-quality products, while the welfare-maximizing rule is to show all products; Cournot competition also yields top-quality rules.
Title resolution pending
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
cs.GT 1years
2019 1verdicts
CONDITIONAL 1representative citing papers
citing papers explorer
-
Optimal Search Segmentation Mechanisms for Online Platform Markets
Under multinomial logit demand with seller-set prices, the revenue-maximizing display rule is to show only the top-quality products, while the welfare-maximizing rule is to show all products; Cournot competition also yields top-quality rules.