16 citations · 30 across the 11 of their papers we have counts for
4 papers · 1 filter
Comment on "Ironing, sweeping, and multidimensional screening''
Robert J. McCann, Kelvin Shuangjian Zhang
In their study of price discrimination for a monopolist selling heterogeneous products to consumers having private information about their own multidimensional types, Rochet and Ch…
A duality and free boundary approach to adverse selection
Robert J. McCann, Kelvin Shuangjian Zhang
Adverse selection is a version of the principal-agent problem that includes monopolist nonlinear pricing, where a monopolist with known costs seeks a profit-maximizing price menu f…
Existence of solutions to principal-agent problems with adverse selection under minimal assumptions
Guillaume Carlier, Kelvin Shuangjian Zhang
We prove an existence result for the principal-agent problem with adverse selection under general assumptions on preferences and allocation spaces. Instead of assuming that the all…
On concavity of the monopolist's problem facing consumers with nonlinear price preferences
Robert J. McCann, Kelvin Shuangjian Zhang
A monopolist wishes to maximize her profits by finding an optimal price policy. After she announces a menu of products and prices, each agent will choose to buy that product $y…