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Chinese Journal of Management Science ›› 2004, Vol. ›› Issue (6): 103-108.

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Study on the Price-Regulation Mechanism in Asymmetric Information

YANG Bo1,2, TANG Xiao-wo2, MA Yong-kai2   

  1. College of Economics and Business Administration, Chongqing University, Chongqing 400044, China
  • Received:2003-07-28 Revised:2004-07-19 Online:2004-12-28 Published:2012-03-07

Abstract: This paper studied price regulation mechanism in asymmetric information,we have got the truth-telling equilibrium contract between the monopolist and the dealer.Also,we compared the social wealth loss between symmetric information and asymmetric information,then compared the social wealth improvement between regulation and unregulation in asymmetric information.

Key words: asymmetric information, monopolist, regulation

CLC Number: