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SUMMARY:Selten Lecture 2026 with Prof. Dr. Philipp Strack
DTSTART:20260717T163000
DTEND:20260717T173500
DTSTAMP:20260618T130203Z
UID:d99f51e5020e447bb7f95dd7f1a905f7@www.uni-bonn.de
CREATED:20260617T095918Z
DESCRIPTION:With the Selten Lecture\, ECONtribute and the Reinhard Selten 
 Institute invite renowned researchers once a year to present their researc
 h to the academic community. This year Prof. Dr. Philipp Strack (Yale Univ
 ersity) will talk about „Non-Discriminatory Personalized Pricing“. \nA
  monopolist offers personalized prices to consumers with unit demand\, het
 erogeneous values\, and idiosyncratic costs\, who differ in a protected ch
 aracteristic\, such as race or gender. The seller is subject to a non-disc
 rimination constraint: consumers with the same cost\, but different charac
 teristics must face identical prices. Such constraints arise in regulated 
 markets like credit or insurance. The setting reduces to an optimal transp
 ort\, and we characterize the optimal pricing rule. Under this rule\, cons
 umers may retain surplus\, and either group may benefit. Strengthening the
  constraint to cover transaction prices redistributes surplus\, harming th
 e low-value group and benefiting the high-value group.
LAST-MODIFIED:20260617T111657Z
URL:https://www.uni-bonn.de/de/veranstaltungen/selten-lecture-2026-with-pr
 of-dr-philipp-strack
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TZID:Europe/Berlin
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