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Celis et al., 2014 - Google Patents

Buy-it-now or take-a-chance: Price discrimination through randomized auctions

Celis et al., 2014

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Document ID
8119237134176829528
Author
Celis L
Lewis G
Mobius M
Nazerzadeh H
Publication year
Publication venue
Management Science

External Links

Snippet

Increasingly detailed consumer information makes sophisticated price discrimination possible. At fine levels of aggregation, demand may not obey standard regularity conditions. We propose a new randomized sales mechanism for such environments. Bidders can “buy-it …
Continue reading at www.nber.org (PDF) (other versions)

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