Entry Coordination in Auctions with Entry Costs
Private entry recommendations let the seller capture all surplus net of entry costs by randomizing between the efficient entrant count and one more.
Papers
Research papers
Showing 7
When to Hire an Influencer?
A paid influencer is profitable only when effort costs are low and the share of inexperienced consumers is positive but not too large.
The International Politics of Debris in Earth’s Orbit: A Mechanism Design Approach
Without credible enforcement, free-riding reduces debris agreements to the anarchic outcome; conditioning orbital access on participation can support more efficient cooperation.
Evidence Rules and the Value of Silence
Strict evidence requirements can induce more investigation yet worsen decisions because the extra evidence fails to compensate for ignoring informative silence.
Higher Verification Costs Can Support More Disclosure
Higher verification costs can increase favorable disclosure because harsher inferences from silence induce the sender to verify more often.
Persuade Before Evidence
Early public persuasion can crowd out hard-evidence acquisition and leave the receiver less informed, so restricting pre-trial publicity may improve welfare.