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Bayesian experts with a common prior that are exposed to different types of evidence possibly make contradicting probabilistic forecasts. A policy maker who receives the forecasts must aggregate them in the best way possible. This is a challenge whenever the policy maker is not familiar with the...
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We study a monopolist that uses the following scheme to gauge market traction for its common-value, excludible product. The monopolist offers its product at a given price, and each potential consumer decides whether to buy it. The contributions are collected. The product is supplied only if the...
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Society uses the following mechanism to decide on the supply of a public good. Each agent canchoose whether or not to contribute to the good. Contributions are collected, and the good issupplied whenever total contributions exceed a threshold. We study the case where the publicgood is...
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