TECHNICAL CHANGE AND INVESTMENT LEVEL IN OPTIMAL NON-LINEAR PRICING
Patrick Guy ()
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Patrick Guy: LAMETA - Laboratoire Montpelliérain d'Économie Théorique et Appliquée - UM1 - Université Montpellier 1 - UPVM - Université Paul-Valéry - Montpellier 3 - INRA - Institut National de la Recherche Agronomique - Montpellier SupAgro - Centre international d'études supérieures en sciences agronomiques - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier
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Abstract:
In this paper, we develop an adverse selection model where a monopoly choices a non-linear pricing associated with an investment level which defines the technology of production used. We show that, in general, to implement a non-linear pricing the monopoly choice a level of investment, which depends of the type of consumer and, also, that the level of investment for each type is correlated with the recovery degree of the investment.
Keywords: Technology of production; Adverse selection; Investment; Non linear pricing; Technology of production.; Sélection adverse; Investissement; Prix non linéaire; Technologie de production. (search for similar items in EconPapers)
Date: 1999
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Published in 1999
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00111645
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