We use a two-issue bargaining model with asymmetric information to study agent choice of how to structure bargaining. We uncover the settings in which different agenda structures are chosen in equilibrium, how the order in which issues are bargained over matters, and what impact the rules for...

This paper studies an information hierarchy among players in a competitive context. The hierarchy specifies a player's observation of her opponents' types, which measure their competitiveness: the higher the player is ranked in the hierarchy, the more types she observes. The players then decide...

"The authors compare the two merger control systems currently employed worldwide: a mandatory system based on merger size threshold and a voluntary system with ex-post monitoring and fines. The voluntary system possesses two informational advantages: (i) the enforcement agency employs more...