The Monopolist's Free Boundary Problem in the Plane - An Excursion into the Economic Value of Private Information
Learn AI, Data Science & Business — Earn Certificates That Get You Hired
AI Engineer - Learn how to integrate AI into software applications
Overview
Google, IBM & Meta Certificates – 40% Off
One plan covers every Professional Certificate on Coursera.
Unlock All Certificates
Explore the mathematical foundations of monopolistic pricing strategies through this 34-minute conference talk that examines the monopolist's free boundary problem in the plane and its connection to the economic value of private information. Delve into advanced concepts from optimal transport theory as applied to economic modeling, where the speaker demonstrates how mathematical techniques can illuminate the strategic behavior of monopolists when consumers possess private information about their preferences. Learn about the geometric and analytical aspects of free boundary problems that arise when a monopolist designs optimal pricing mechanisms, and discover how these mathematical frameworks provide insights into information economics. Gain understanding of the intersection between partial differential equations, optimal transport theory, and microeconomic theory through rigorous mathematical analysis presented by a leading expert in the field.
Syllabus
The monopolist's free boundary problem in the plane: an excursion into the economic value of [...]
Taught by
Fields Institute