2 papers
econ.TH2025
Irrelevance of personalized pricing under strategic market segmentation
Xiaoxiao Hu, Haoran Lei
A multiproduct seller is more informed than consumers about the value of her products to consumers. The seller posts a price list and segments the market through cheap-talk communi…
econ.TH2024
The optimality of (stochastic) veto delegation
Xiaoxiao Hu, Haoran Lei
We analyze the optimal delegation problem between a principal and an agent, assuming that the latter has state-independent preferences. We demonstrate that if the principal is more…