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Persistent link: https://www.econbiz.de/10003960231
This paper considers a nonlinear pricing framework with both horizontally and vertically differentiated products. By endogenizing the set of consumers served in the market, we are able to study how increased competition affects nonlinear pricing, in particular the market coverage and quality...
Persistent link: https://www.econbiz.de/10011700613
This paper considers a nonlinear pricing framework with both horizontally and vertically differentiated products. By endogenizing the set of consumers served in the market, we are able to study how increased competition affects nonlinear pricing, in particular the market coverage and quality...
Persistent link: https://www.econbiz.de/10011599399
This dissertation studies the role of market friction in overcoming moral hazard in market settings without information flows. It consists of four chapters. The first chapter introduces the general topic. The second chapter studies optimal wage contracts for motivating workers. It compares three...
Persistent link: https://www.econbiz.de/10009438760
The effects of pre-play communication in a coordination game with incomplete information about players' intensity of preferences are compared to no communication controls. Pre-play communication significantly increases subjects' payoffs and the probability of coordination, while reducing...
Persistent link: https://www.econbiz.de/10012922707
In an economy where agents are characterized by different productivities (vertical types) and different abilities to move (horizontal types), we compare a unified nonlinear optimal taxation schedule with the equilibrium taxation schedule that would be chosen by two competing tax authorities if...
Persistent link: https://www.econbiz.de/10008552684
This paper considers a nonlinear pricing framework with both horizontally and vertically differentiated products. By endogenizing the set of consumers served in the market, we are able to study how increased competition affects nonlinear pricing, in particular the market coverage and quality...
Persistent link: https://www.econbiz.de/10005730969
Persistent link: https://www.econbiz.de/10005572733
This dissertation contains two essays on how contracting affects behavior and welfare of firms when information about some key variables is imperfect. The first essay deals with contractual solutions to the holdup problem when a party's relationship-specific investment can be subsidized by the...
Persistent link: https://www.econbiz.de/10009438672
We offer a general framework to study procurement auctions when quality matters. In this environment, sellers compete for a project by bidding a price-quality pair, and the winning bidder is determined by the score assigned to each bid. In contrast to the existing study in which only the...
Persistent link: https://www.econbiz.de/10010860061