Narrow search
Showing 1 - 10 of 653
Cover Image
Dynamic Supplier Contracts under Asymmetric Inventory Information
Zhang, Hao; Nagarajan, Mahesh; Sosic, Greys - 2010
In this paper, we examine a supply chain in which a single supplier sells to a downstream newsvendor-type retailer. We make two assumptions that enrich this simple and well-understood model. First, we consider a multi-period model, in which the sequence of events is as follows. In a period, t,...
Persistent link: https://www.econbiz.de/10014047671
Cover Image
Face Value : Information and Signaling in an Illegal Market
Logan, Trevon - 2010
the market in a way that makes signaling credible. Using our institutional knowledge, we also identify the specific signal …
Persistent link: https://www.econbiz.de/10012757594
Cover Image
Digital Rights Management and the Pricing of Digital Products
Park, Yooki - 2008
As it becomes cheaper to copy and share digital content, vendors are turning to technical protections such as encryption. We argue that if protection is nevertheless imperfect, this transition will generally lower the prices of content relative to perfect legal enforcement. However, the effect...
Persistent link: https://www.econbiz.de/10012727035
Cover Image
Signaling to Experts
Kurlat, Pablo D. - 2017
We study competitive equilibrium in a signaling economy with heterogeneously informed buyers. In terms of the classic … Spence (1973) model of job market signaling, firms have access to direct but imperfect information about worker types, in …. In equilibrium, some high type workers forgo signaling and are hired by better informed firms, who make positive profits …
Persistent link: https://www.econbiz.de/10012947651
Cover Image
Federal Reserve Private Information and the Behavior of Interest Rates
Romer, Christina; Romer, David - 2021
Many authors argue that asymmetric information between the Federal Reserve and the public is important to the conduct and the effects of monetary policy. This paper tests for the existence of such asymmetric information by examining Federal Reserve and commercial inflation forecasts. We...
Persistent link: https://www.econbiz.de/10013218719
Cover Image
Are Lemons Sold First? Dynamic Signaling in the Mortgage Market
Adelino, Manuel - 2019
obtain higher prices by delaying trade. This paper provides some of the first evidence of a signaling mechanism through trade …
Persistent link: https://www.econbiz.de/10012900310
Cover Image
Two-Sided Altruism and Signaling
Génicot, Garance - 2015
asymmetry of information about the donor's income leads very naturally to a signaling game. A donor who cares about the … information regarding the donor's income generates a signaling game in the presence of two-sided altruism. These signaling games …
Persistent link: https://www.econbiz.de/10013020200
Cover Image
Screening and Adverse Selection in Frictional Markets
Lester, Benjamin - 2016
We incorporate a search-theoretic model of imperfect competition into an otherwise standard model of asymmetric information with unrestricted contracts. We develop a methodology that allows for a sharp analytical characterization of the unique equilibrium, and then use this characterization to...
Persistent link: https://www.econbiz.de/10013002265
Cover Image
Signaling and Employer Learning with Instruments
Aryal, Gaurab - 2019
and 30% to education signaling workers' ability.Institutional subscribers to the NBER working paper series, and residents …
Persistent link: https://www.econbiz.de/10012869536
Cover Image
Choice Screen Auctions
Ostrovsky, Michael - 2022
Choice screen auctions have been recently deployed in 31 European countries, allowing consumers to choose their preferred search engine on Google's Android platform instead of being automatically defaulted to Google's own search engine. I show that a seemingly minor detail in the design of these...
Persistent link: https://www.econbiz.de/10014090768