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Review of Economic Studies 2026

When is Separate Sales Optimal?

Changhyun Kwak

Institute of Economics, Academia Sinica

open access

Abstract

This paper studies a multi-product monopolist facing a privately informed consumer with additive and type-increasing valuations. Separate monopoly pricing is robustly optimal with respect to the type distribution if and only if the marginal rate of substitution between each pair of goods is monotone. This result is obtained by extending the conventional Myersonian approach.

DOI
10.1093/restud/rdag073
Language
en
Sources
crossref openalex

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