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Price discrimination through communication

Sher, Itai; Vohra, Rakesh V. - In: Theoretical economics : TE ; journal of the Econometric … 10 (2015) 2, pp. 597-648

Persistent link: https://www.econbiz.de/10011346883

Price discrimination through communication

Sher, Itai; Vohra, Rakesh V. - In: Theoretical economics : TE ; an open access journal in … 10 (2015) 2, pp. 597-648

We study a seller's optimal mechanism for maximizing revenue when a buyer may present evidence relevant to her value. We show that a condition very close to transparency of buyer segments is necessary and sufficient for the optimal mechanism to be deterministic--hence akin to classic third...

Persistent link: https://www.econbiz.de/10011673357

Central Bank communication with the general public : promise or false hope?

Blinder, Alan S.; Ehrmann, Michael; Haan, Jakob de; … - 2022

. This article surveys a rapidly-growing literature on central bank communication with the public. We first discuss why and … how such communication is more challenging than communicating with expert audiences. Then we survey the empirical evidence …

Persistent link: https://www.econbiz.de/10013329414

Central bank communication with the general public : promise or false hope?

Blinder, Alan S.; Ehrmann, Michael; Haan, Jakob de; … - 2022

Persistent link: https://www.econbiz.de/10013279256

Persuasion and dynamic communication

Sher, Itai - In: Theoretical Economics 9 (2014) 1, pp. 99-136

A speaker attempts to persuade a listener to accept a request by presenting evidence. A persuasion rule specifies what evidence is persuasive. This paper compares static and dynamic rules. We present a single linear program (i) whose solution corresponds to the listener's optimal dynamic rule...

Persistent link: https://www.econbiz.de/10011599506

Price discrimination through communication

Sher, Itai; Vohra, Rakesh - In: Theoretical Economics 10 (2015) 2, pp. 597-648

Persistent link: https://www.econbiz.de/10011599549

Does central bank communication really lead to better forecasts of policy decisions? New evidence based on a Taylor rule model for the ECB

Sturm, Jan-Egbert; Haan, Jakob de - 2009

central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the … ECB communication that are all based on the ECB President's introductory statement at the press conference following an … included in our Taylor rule model, the ECB communication indicators remain significant. …

Persistent link: https://www.econbiz.de/10010285832

Does money matter in the ECB strategy? New evidence based on ECB communication

Berger, Helge; Haan, Jakob de; Sturm, Jan-Egbert - 2006

We examine the role of money in the policies of the ECB, using introductory statements of the ECB President at the monthly press conferences during 1999-2004. Over time, the relative amount of words devoted to the monetary analysis has decreased. Our analysis of indicators of the monetary policy...

Persistent link: https://www.econbiz.de/10010285913

Price discrimination through communication

Sher, Itai; Vohra, Rakesh - 2011

We study a seller's optimal mechanism for maximizing revenue when the buyer may present evidence relevant to the buyer's value, or when different types of buyer have a differential ability to communicate. We introduce a dynamic bargaining protocol in which the buyer first makes a sequence of...

Persistent link: https://www.econbiz.de/10010286976

Has ECB communication been helpful in predicting interest rate decisions? : an evaluation of the early years of the Economic and Monetary Union

Jansen, David-Jan; Haan, Jakob de - In: Applied economics 41 (2009) 16/18, pp. 1995-2003

Persistent link: https://www.econbiz.de/10003882937