This study extends the robust contract model proposed by Ling et al. (2021) by incorporating entrepreneur concerns about model uncertainty. We find that the robust contract becomes increasingly intricate because of the non-linear relationships between the entrepreneur's concern for model...

This paper studies how dynamic changes in the search environment affect consumer search and purchase behavior. We develop a dynamic model that incorporates a non-stationary search environment and propose a feasible estimation procedure to estimate its parameters. We apply our model and...