【主讲】Yao Luo 助教授 (University of Toronto)
【主题】Bundling and Nonlinear Pricing in Telecommunications
【时间】2013年12月18日 (周三) 15：30-17：00
【地点】上海财经大学经济学院楼710室
【语言】英文
【摘要】This paper studies bundling and price discrimination by a multiproduct firm selling internet and phone services in an imperfect information setting. I derive the optimal selling mechanism, and provide primitive conditions under which different bundling strategies arise, such as component pricing, pure bundling, semi-mixed bundling and mixed bundling. I show that the model structure is nonparametrically identified. I then propose a three-step semiparametric estimation procedure involving a new regression spline estimator under both monotonicity and bound restrictions. An illustration on China Telecom data shows that mixed bundling is beneficial to both the firm and the consumer relative to component pricing.
