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We can't argue forever
Bognár, Kata; Smith, Lones - 2004
We analyze time-costly decision-making in committees by privately informed individuals, such as juries, panels, boards, etc. In the spirit of the Coase Conjecture, we show that the decision is "almost instantaneous" when individuals entertain identical objectives. Delay can only be understood as...
Persistent link: https://www.econbiz.de/10011560658
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Optimal job search in a changing world
Smith, Lones - In: Mathematical social sciences 38 (1999) 1, pp. 1-9
Persistent link: https://www.econbiz.de/10001398159
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Time-consistent optimal stopping
Smith, Lones - In: Economics letters 56 (1997) 3, pp. 277-279
Persistent link: https://www.econbiz.de/10001229825
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A graphical depiction of the Rubinstein-Stahl bargaining solution
Smith, Lones - 1997
Persistent link: https://www.econbiz.de/10001374971
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Folk theorems in overlapping generations games
Smith, Lones - In: Games and economic behavior 4 (1992) 3, pp. 426-449
Persistent link: https://www.econbiz.de/10001127335
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Private information and trade timing
Smith, Lones - 1999
Persistent link: https://www.econbiz.de/10001410140
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Frictional matching models
Smith, Lones - In: Annual review of economics 3 (2011), pp. 319-338
Persistent link: https://www.econbiz.de/10009904925
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Frictional matching models
Smith, Lones - In: Annual review of economics 3 (2011), pp. 319-338
Persistent link: https://www.econbiz.de/10009354885
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The marriage model with search frictions
Smith, Lones - In: Journal of political economy 114 (2006) 6, pp. 1124-1144
Persistent link: https://www.econbiz.de/10003410422
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We Can't Argue Forever
Bognar, Kata; Smith, Lones - 2004
We analyze time-costly decision-making in committees by privately informed individuals, such as juries, panels, boards, etc. In the spirit of the Coase Conjecture, we show that the decision is "almost instantaneous" when individuals entertain identical objectives. Delay can only be understood as...
Persistent link: https://www.econbiz.de/10010494314