Strategic Information Transmission in the Employment Relationship
Inga Deimen, The University of Arizona
We incorporate private information and strategic communication (Crawford and Sobel, 1982) into Simon’s (1951) model of the employment...
Inertial Updating.
Matthew Kovach, Virginia Tech
We introduce and characterize inertial updating of beliefs. Under inertial updating, a decision maker (DM) chooses a belief that minimizes...
Facilitating Collusion with Spot-Price Contracting (joint work with Richard Lowery)
John Hatfield, The University of Texas at Austin
We investigate the competitive effects of spot-price contracting, in which a buyer and seller contract to transact at a future date at the...
