Guo, Yingni; Shmaya, Eran - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 2, pp. 477-506
concept of miscalibration, which measures the discrepancy between the forecast and the truth. We characterize the platform …'s optimal equilibrium when it incurs some cost for miscalibration, and show how this equilibrium depends on the miscalibration … cost: when the miscalibration cost is low, the platform uses more distant forecasts and the customer is less responsive to …