Let $X$ be a one-dimensional diffusion and $g$ a payoff function depending on time and the value of $X$. The paper analyzes the inverse optimal stopping problem of finding a time-dependent function $\pi:[0,T]\to\mathbb{R}$ such that a given stopping time $\tau^{\star}$ is a solution of the...

Let X be a one-dimensional diffusion and let g : [0, T ] × ℝ → ℝ be a payoff function depending on time and the value of X. The paper analyzes the inverse optimal stopping problem of finding a time-dependent function π : [0, T ] → ℝ such that a given stopping time τ^* is a solution...

We analyze how to optimally engage in social distancing (SD) in order to minimize the spread of an infectious disease. We identify conditions under which the optimal policy is single-peaked, i.e., first engages in increasingly more social distancing and subsequently decreases its intensity. We...

Many economic situations are modeled as stopping problems. Examples include job search, timing of market entry decisions, irreversible investment or the pricing of American options. This paper analyzes optimal stopping as a mechanism design problem with transfers. We show that a under a dynamic...

We analyze how to optimally engage in social distancing (SD) in order to minimize the spread of an infectious disease. We identify conditions under which the optimal policy is single-peaked, i.e., first engages in increasingly more social distancing and subsequently decreases its intensity. We...