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We consider a principal who periodically offers a fixed, binary, and costly non-monetary reward to agents endowed with private information, to incentivize the agents to invest effort over the long run. An agent's output, as a function of his effort, is a priori uncertain and is worth a fixed...
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Users who have an ad-blocker installed present a genuine predicament for a website (a.k.a. publisher): On the one hand, these users do not generate revenue for the website; on the other hand, denying them access can shrink the user base and adversely affect the popularity of the website,...
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Motivated by the ever-growing complexity of projects and the consistent trend of outsourcing of individual tasks or components, we study the contract-design problem faced by a firm (or organization) for executing a project consisting of multiple tasks, each of which is performed by an individual...
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Descending mechanisms for procurement (or, ascending mechanisms for selling) have been well‐recognized for their simplicity from the viewpoint of bidders — they require less bidder sophistication as compared to sealed‐bid mechanisms. In this study, we consider procurement under each of two...
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In the mobile advertising ecosystem, the role of ad-exchanges to match advertisers and publishers has grown significantly over the past few years. At a mobile ad-exchange, impressions (i.e., opportunities to display ads) are sold to advertisers in real time through an auction mechanism. The...
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The wide variety of pricing policies used in practice by data-sellers suggests that there are significant challenges in pricing datasets. In this paper, we develop a utility framework that is appropriate for data-buyers and the corresponding pricing of the data by the data-seller. A buyer...
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