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Who and How? Adverse Selection and Flexible Moral Hazard (by Henrique Castro-Pires, Deniz Kattwinkel, and Jan Knoepfle)
Henrique Castro-Pires, Harvard Business School
We characterize incentive compatible mechanisms in environments with hidden types and flexible hidden actions. Our approach introduces...
Freemium Model for Information Provision
Igal Milchtaich, Bar-Ilan University
The paper explores a theoretical freemium model for the sale of information, drawing on mathematical tools used in the study of repeated...
Joint Theory and Econometrics: Tuesday, March 31
Isaiah Andrews, Massachusetts Institute of Technology
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Auctions as Experiments (with Ryota Iijima, Yuhta Ishii, and Nicholas Wu)
Mira Frick, Princeton University
We study a seller who does not know the distribution of buyers’ values, but can learn from observing their bids in an auction. Which...