Showing 1 - 10 of 56,957
Persistent link: https://www.econbiz.de/10012053245
A single seller faces a sequence of buyers with unit demand. The buyers are forward-looking and long-lived. Each buyer has private information about his arrival time and valuation where the latter evolves according to a geometric Brownian motion. Any incentive-compatible mechanism has to induce...
Persistent link: https://www.econbiz.de/10013327107
A single seller faces a sequence of buyers with unit demand. The buyers are forward-looking and long-lived. Each buyer has private information about his arrival time and valuation where the latter evolves according to a geometric Brownian motion. Any incentive-compatible mechanism has to induce...
Persistent link: https://www.econbiz.de/10014536925
thus far puzzling use of non-linear incentives, for example in sales-force compensation. The result is obtained by …
Persistent link: https://www.econbiz.de/10009699416
Persistent link: https://www.econbiz.de/10011650243
design I prove in the paper, that government - as principal - is only capable of applying "perverse" incentives towards the …
Persistent link: https://www.econbiz.de/10010211955
Persistent link: https://www.econbiz.de/10014293780
Persistent link: https://www.econbiz.de/10003890255
an AR(k) process. -- asymmetric information ; stochastic processes ; incentives …
Persistent link: https://www.econbiz.de/10008665252
Persistent link: https://www.econbiz.de/10011383729