Template-Type: ReDIF-Paper 1.0
Author-Name:  Paulo Barelli
Author-Name-First: Paulo
Author-Name-Last: Barelli
Author-Name:  Suren Basov
Author-Name-First: Suren
Author-Name-Last: Basov
Author-Name: Mauricio Bugarin
Author-Name-First: Mauricio
Author-Name-Last: Bugarin
Author-Name: Ian King
Author-Name-First: Ian
Author-Name-Last: King
Title: The Inclusiveness of Exclusion
Abstract:  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.
Length:  35 pages
Creation-Date:  2010
Order-URL: https://repositorio.insper.edu.br/handle/11224/5813
File-URL: https://repositorio.insper.edu.br/handle/11224/5813
File-Format: text/html
File-Function: Full text
Number: 089
Handle: RePEc:aap:wpaper:089