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Strong Duality in Monopoly Pricing
Author(s) -
Kleiner Andreas,
Manelli Alejandro
Publication year - 2019
Publication title -
econometrica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 16.7
H-Index - 199
eISSN - 1468-0262
pISSN - 0012-9682
DOI - 10.3982/ecta15735
Subject(s) - monopoly , duality (order theory) , argument (complex analysis) , mathematical economics , economics , natural monopoly , linear programming , mathematics , microeconomics , mathematical optimization , discrete mathematics , biochemistry , chemistry
The main result in Daskalakis, Deckelbaum, and Tzamos (2017) establishes strong duality in the monopoly problem with an argument based on transportation theory. We provide a short, alternative proof using linear programming.