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Single buyer profit max - PowerPoint PPT Presentation

Welfare and Profit Maximization with Production Costs

Welfare and Profit Maximization with Production Costs. A. Blum, A. Gupta, Y. Mansour , A. Sharma. Model. Multiple buyers Arbitrary valuation Multiple products Mechanism: prices Online setting Goals: Maximize Welfare Maximize Profit. Main Focus: Production cost increases. MODEL.

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Single buyer profit max - PowerPoint PPT Presentation

Welfare and Profit Maximization with Production Costs