Nikita Roketskiy, Assistant Professor, University College London
We study optimal monopoly pricing with evasive consumers. The seller uses consumer data to finetune pricing. However, such third degree price discrimination encourages data-conscious consumers to manipulate their observable attributes (at a cost). This reduces the effectiveness of information, sometimes rendering it useless. For several settings, we derive the monopolist’s optimal investigation strategy, and find that less is more.
Nikita is an Assistant Professor at the Department of Economics at University College London and a Research Affiliate at CEPR. He specialises in Economic Theory and Industrial Organisation. He is interested in a wide range of topics such as dynamic nonlinear pricing of durable and storable goods, network and coalition formation, and secondary markets.