Document Type

Discussion Paper

Publication Date

1-27-2021

CFDP Number

2273

CFDP Update Date

February 26, 2021

CFDP Pages

28

Abstract

This paper studies optimal bundling of products with inter-dependent values. I show that, under some conditions, a firm optimally chooses to sell only the full bundle of a given set of products if and only if the optimal sales volume of the full bundle is larger than the optimal sales volume for any smaller bundle. I then provide an interpretation of this characterization based on (i) the magnitude of the variation across consumers in how complementary they find different products, and (ii) how this variation correlates with price sensitivity.

Included in

Economics Commons

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