A decision-maker acquires payoff-relevant information until she reaches her storing capacity, at which point she either terminates the decision-making and chooses an action, or discards some information. By conditioning the probability of termination on the information collected, she controls...

Successive welfare-maximizing governments must decide whether to implement an affirmative action policy. This affirmative action policy is purported to improve the performance distribution of a targeted group (minority or otherwise), although this improvement becomes trivial when the policy is...

We study multi-object auctions where agents have private and additive valuations for heterogeneous objects. We focus on the revenue properties of a class of dominant strategy mechanisms where a weight is assigned to each partition of objects. The weights influence the probability with which...