-specific budgets depends on the combination of a demand for commitment and the demand for flexibility resulting from uncertainty about … with minimum-savings rules (another widely-studied form of commitment), and how budgeting depends on the intensity of self …

the platform's forecast; when the miscalibration cost is high, the platform can achieve its commitment payoff in an … equilibrium, and the only extensive-form rationalizable strategy of the platform is its strategy in the commitment solution. Our … results show that miscalibration cost is a proxy for the degree of the platform's commitment power, and thus provide a …

This paper studies the effect of timing and commitment of verification in a principal-agent relationship with moral … the time of contracting. The main contribution of this paper is to highlight the importance of commitment by the principal …

-cost firm under incomplete information: a separating auction implies adverse selection and relies substantially on commitment to … allocation and transfer rules. A pooling auction serves as a commitment device against ex-post opportunistic behavior and …

We study a dynamic model of monopolistic provision of commitment devices to sophisticated, Strotzian decision makers …. We allow for unobservable heterogeneity at the contracting stage in the agents' preferences for commitment vs … of the induced balance between commitment and flexibility. …