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Price discrimination through communication

Sher, Itai; Vohra, Rakesh V. - In: Theoretical economics : TE ; journal of the Econometric … 10 (2015) 2, pp. 597-648

Persistent link: https://www.econbiz.de/10011346883

Price discrimination through communication

Sher, Itai; Vohra, Rakesh V. - In: Theoretical economics : TE ; an open access journal in … 10 (2015) 2, pp. 597-648

We study a seller's optimal mechanism for maximizing revenue when a buyer may present evidence relevant to her value. We show that a condition very close to transparency of buyer segments is necessary and sufficient for the optimal mechanism to be deterministic--hence akin to classic third...

Persistent link: https://www.econbiz.de/10011673357

Central Bank communication with the general public : promise or false hope?

Blinder, Alan S.; Ehrmann, Michael; Haan, Jakob de; … - 2022

. This article surveys a rapidly-growing literature on central bank communication with the public. We first discuss why and … how such communication is more challenging than communicating with expert audiences. Then we survey the empirical evidence …

Persistent link: https://www.econbiz.de/10013329414

Central bank communication with the general public : promise or false hope?

Blinder, Alan S.; Ehrmann, Michael; Haan, Jakob de; … - 2022

Persistent link: https://www.econbiz.de/10013279256

Persuasion and dynamic communication

Sher, Itai - In: Theoretical Economics 9 (2014) 1, pp. 99-136

A speaker attempts to persuade a listener to accept a request by presenting evidence. A persuasion rule specifies what evidence is persuasive. This paper compares static and dynamic rules. We present a single linear program (i) whose solution corresponds to the listener's optimal dynamic rule...

Persistent link: https://www.econbiz.de/10011599506

Price discrimination through communication

Sher, Itai; Vohra, Rakesh - In: Theoretical Economics 10 (2015) 2, pp. 597-648

Persistent link: https://www.econbiz.de/10011599549

Central Bank communication and monetary policy: a survey of theory and evidence

Blinder, Alan S.; Ehrmann, Michael; de Haan, Jakob; … - 2008

Over the last two decades, communication has become an increasingly important aspect of monetary policy. These real …-world developments have spawned a huge new scholarly literature on central bank communication —mostly empirical, and almost all of it … written in this decade. We survey this evergrowing literature. The evidence suggests that communication can be an important …

Persistent link: https://www.econbiz.de/10011604944

Central Bank communication with the general public: Promise or false hope?

Blinder, Alan S.; Ehrmann, Michael; de Haan, Jakob; … - 2022

Persistent link: https://www.econbiz.de/10014278450

Price discrimination through communication

Sher, Itai; Vohra, Rakesh - 2011

We study a seller's optimal mechanism for maximizing revenue when the buyer may present evidence relevant to the buyer's value, or when different types of buyer have a differential ability to communicate. We introduce a dynamic bargaining protocol in which the buyer first makes a sequence of...

Persistent link: https://www.econbiz.de/10010286976

Central Bank communication and monetary policy : a survey of theory and evidence

Blinder, Alan S.; Ehrmann, Michael; Fratzscher, Marcel; … - 2008

Over the last two decades, communication has become an increasingly important aspect of monetary policy. These real … written in this decade. We survey this evergrowing literature. The evidence suggests that communication can be an important … large variation in communication strategies across central banks suggests that a consensus has yet to emerge on what …

Persistent link: https://www.econbiz.de/10003778823