Show simple item record

dc.contributor.advisor Dudey, Marc
dc.creatorLi, Jin
dc.date.accessioned 2016-01-25T15:22:32Z
dc.date.available 2016-01-25T15:22:32Z
dc.date.created 2015-12
dc.date.issued 2015-11-10
dc.date.submitted December 2015
dc.identifier.citation Li, Jin. "Essays on Fair Division and Monopoly Pricing." (2015) Diss., Rice University. https://hdl.handle.net/1911/88086.
dc.identifier.urihttps://hdl.handle.net/1911/88086
dc.description.abstract The first chapter is based on a paper with Jingyi Xue in fair division problems. In this chapter, we consider the problem of fairly dividing a finite number of divisible goods among agents with the generalized Leontief preferences. We propose and characterize the class of generalized egalitarian rules which satisfy efficiency, group strategy-proofness, anonymity, resource monotonicity, population monotonicity, envy-freeness and consistency. On the Leontief domain, our rules generalize the egalitarian-equivalent rules with reference bundles. We also extend our rules to agent-specific and endowment-specific egalitarian rules. The former is a larger class of rules satisfying all the previous properties except anonymity and envy-freeness. The latter is a class of efficient, group strategy-proof, anonymous and individually rational rules when the resources are assumed to be privately owned. The second chapter is about monopoly pricing with social learning. In this chapter, we consider a two-period monopolistic model in which the consumers who purchase in the first period would reveal the unknown quality of the product through their experiences to the consumers in the second period. Due to this effect, some consumers would strategically choose to delay to the second period in order to take this informational free-ride. We show that there always exists a unique symmetric equilibrium of consumers for each price set by the monopolist. Then we further investigate the seller’s optimization pricing problem. In a range of moderate patience, the seller would be likely to induce the consumers to effectively transmit information. We also discuss the impact of information disclosure on the monopolistic profit.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.subjectFair Division
Egalitarian Rules
Leontief Preferences
Social Choice
Exchange Economies
Industrial Organization
Monopoly
Social Learning
Incomplete Information
dc.title Essays on Fair Division and Monopoly Pricing
dc.type Thesis
dc.contributor.committeeMember Tang, Xun
dc.contributor.committeeMember Veech, William
dc.date.updated 2016-01-25T15:22:32Z
dc.type.material Text
thesis.degree.department Economics
thesis.degree.discipline Social Sciences
thesis.degree.grantor Rice University
thesis.degree.level Doctoral
thesis.degree.name Doctor of Philosophy


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record