We are interested in evaluating the impact of restrictive planning regulation on entry into the UK grocery retail …

with a lowering of chain TFP by about 0.4% pa, about 40% of the post-1995 slowdown in UK retail TFP growth. The foregone …

We survey the recent literature on the role of information in mechanism design. First, we discuss an emerging … literature on the role of endogenous payoff and strategic information for the design and the efficiency of the mechanism. We … order beliefs becomes a natural desideratum. We discuss recent approaches to robust mechanism design and robust …

model in which all individuals currently alive vote on social security. There is no commitment to preserve the legislation …

optimal band width widens in response to a decrease in policy-makers' commitment reputation, an increase in the cost of …

under discretion or commitment, and rules that approximate optimal policy under commitment. For some reaction functions we …

competing auctions and competitive search continue to hold unaltered even without ex ante price commitment. …

Directed search models are market games in which each firm announces a wage commitment to attract a worker … commitments to fill their vacancies faster, which yields constrained efficient outcomes. We show that commitment is not essential … subsequent wage-formation stage. The insights from existing commitment models extend unchanged to such a cheap-talk environment …