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1by Xavier Vives Published in Econometrica (01.11.2011)“...A finite number of sellers (n) compete in schedules to supply an elastic demand. The cost of each seller is random, with common and private value components,...”
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3“...This article studies consumers’ self‐control problems in precautionary activities, their contract choices, and the welfare implications in a competitive...”
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4The Economics of E-Commerce: A Strategic Guide to Understanding and Designing the Online Marketplaceby Vulkan, Nir“...Despite the recent misfortunes of many dotcoms, e-commerce will have major and lasting effects on economic activity. But the rise and fall in the valuations of...”
[2020]
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5by Chen, Yu Published in Review of economic dynamics (01.02.2021)“...I show that the labor-market crowding out of less-educated workers can be understood as the labor-market response to an adverse-selection problem. When...”
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6by Srinivas, S. Srivatsa Marathe, Rahul R Published in Socio-economic planning sciences (01.02.2021)“...An analysis of Pradhan Mantri Bhartiya Janaushadhi Parijoyana, a Government of India scheme which aims to provide quality generic medicines at affordable...”
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7by Liran Einav Amy Finkelstein Mark R. Cullen Published in The Quarterly journal of economics (01.08.2010)“...We provide a graphical illustration of how standard consumer and producer theory can be used to quantify the welfare loss associated with inefficient pricing...”
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8by Tan, Teck Yong Published in Journal of economic behavior & organization“...•An agent can exploit his private information only after undertaking an investment approved by the principal.•The post-investment inefficiencies affect the...”
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9“...•A model of joint determination of the securitization and the foreclosure policy of mortgages is developed.•The optimal foreclosure policy is tougher than in...”
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10“...We model endogenous technology adoption and competition among liquidity providers with access to High-Frequency Trading (HFT) technology. HFT technology...”
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11“...Commerce depends on buyers and sellers fulfilling their contractual obligations; mechanisms inducing such performance are essential to well-functioning...”
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12“...We model endogenous technology adoption and competition among liquidity providers with access to High-Frequency Trading (HFT) technology. HFT technology...”
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13“...We study the design of interventions to stabilize financial markets plagued by adverse selection. Our contribution is to analyze the information revealed by...”
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14by Liran Einav Amy Finkelstein Stephen P. Ryan Paul Schrimpf Mark R. Cullen Published in The American economic review (01.02.2013)“...We use employee-level panel data from a single firm to explore the possibility that individuals may select insurance coverage in part based on their...”
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15“...We develop a dynamic equilibrium model of asset markets with adverse selection. There exists a unique equilibrium in which better quality assets trade at...”
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16“...This paper studies a manufacturer that sells to a newsvendor retailer who can improve the quality of her demand information by exerting costly forecasting...”
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17“...In the producer–seller relationship, the seller, besides his role of selling, is often in an ideal position to gather useful market information for the...”
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18by Ahnert, Toni Chapman, James Wilkins, Carolyn Published in Journal of financial intermediation (01.05.2020)“...We present a screening model of the risk sensitivity of bank capital regulation. A banker funds a project with uninsured deposits and costly capital. Capital...”
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19by Dari-Mattiacci, Giuseppe Onderstal, Sander Parisi, Francesco Published in International review of law and economics (01.06.2021)“...•We study markets with asymmetric information where buyers (rather than sellers) have private information (gems markets).•We show that gems and lemons pose...”
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20“...Government intervention in insurance markets is ubiquitous and the theoretical basis for such intervention, based on classic work from the 1970s, has been the...”