Bundling as an Optimal Selling Mechanism for a Multiple-Good Monopolist
Alejandro Manelli and Daniel R. Vincent
,
1
(
127
)
Journal of Economic Theory
1-35
March
2006
Abstract
Multiple objects may be sold by posting a schedule consisting of one price for each possible bundle and permitting the buyer to select the price–bundle pair of his choice. We identify conditions that must be satisfied by any price schedule that maximizes revenue within the class of all such schedules.