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Bonus culture: Competitive pay, screening, and multitasking
Bénabou, Roland; Tirole, Jean - 2013
compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most …
Persistent link: https://www.econbiz.de/10010293214
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Bonus Culture: Competitive Pay, Screening, and Multitasking
Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2013
compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most …
Persistent link: https://www.econbiz.de/10010635587
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Bonus Culture: Competitive Pay, Screening, and Multitasking
Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2013
compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most …
Persistent link: https://www.econbiz.de/10011083769
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Sequential screening
Courty, Pascal; Hao, Li - Department of Economics and Business, Universitat … - 1997
sequentially screens the consumer with a menu of contracts: the consumer self-selects once by choosing a contract and then self …-selects again when he learns the actual valuation. A deterministic sequential mechanism is a menu of refund contracts, each …
Persistent link: https://www.econbiz.de/10005772024
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Welfare improving discrimination based on cognitive limitations
Sürücü, Oktay - 2013
optimal menu of contracts that screens consumers' types is characterized. The benefit of discriminating consumers based on …
Persistent link: https://www.econbiz.de/10010352839
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On the optimality of price-posting in rental markets
Beccuti, Juan - 2020
This paper considers a multi-period setting where a monopolist, with short-term commitment, rents one unit of a durable good to a single consumer in every period. The consumer's valuation constitutes his private information and remains constant over time. By using a mechanism design approach,...
Persistent link: https://www.econbiz.de/10012420706
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Pricing a package of services: When (not) to bundle
Ketelaar, Felix; Szalay, Dezsö - 2014
We study a tractable two-dimensional model of price discrimination. Consumers combine a rigid with a more flexible choice, such as choosing the location of a house and its quality or size. We show that the optimal pricing scheme involves no bundling if consumer types are affiliated. Conversely,...
Persistent link: https://www.econbiz.de/10010520623
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Contracting over commitment vs. flexibility under asymmetric information
Galperti, Simone - 2011 - Preliminary and Incomplete
; flexibility ; contracts ; screening ; information externalities …. flexibility. The first-best contracts under complete information allow to successfully commit to the optimal level of flexibility … optimal screening mechanism and characterize its distortions. We analyze the inefficiency of the monopolist's offers in terms …
Persistent link: https://www.econbiz.de/10008859687
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Welfare improving discrimination based on cognitive limitations
Sürücü, Oktay - 2013
optimal menu of contracts that screens consumers' types is characterized. The benefit of discriminating consumers based on …
Persistent link: https://www.econbiz.de/10010224767
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Pricing a package of services : when (not) to bundle
Ketelaar, Felix; Szalay, Dezsö - 2014
We study a tractable two-dimensional model of price discrimination. Consumers combine a rigid with a more flexible choice, such as choosing the location of a house and its quality or size. We show that the optimal pricing scheme involves no bundling if consumer types are affiliated. Conversely,...
Persistent link: https://www.econbiz.de/10010457183