Abstract
Separate selling of two independent goods is shown to yield at least 62% of the optimal revenue, and at least 73% when the goods satisfy the Myerson regularity condition. This improves the 50% result of Hart and Nisan [2017, originally circulated in 2012].
Original language | English |
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Article number | 3369927 |
Journal | ACM Transactions on Economics and Computation |
Volume | 7 |
Issue number | 4 |
DOIs | |
State | Published - Dec 2019 |
Bibliographical note
Publisher Copyright:© 2019 Copyright held by the owner/author(s). Publication rights licensed to ACM.
Keywords
- Approximation bound
- Monopolistic pricing
- Optimal revenue
- Selling separately
- Selling two independent goods