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pro vyhledávání: '"Alexander Frug"'
Autor:
Daniel Bird, Alexander Frug
Publikováno v:
Theoretical Economics. 17:1041-1073
We develop a framework for deriving dynamic monotonicity results in long‐term stochastic contracting problems with symmetric information. Specifically, we construct a notion of concave separable activity that encompasses many prevalent contractual
Autor:
Alexander Frug
Publikováno v:
SSRN Electronic Journal.
Autor:
Alexander Frug, Daniel Bird
Publikováno v:
American Economic Journal: Microeconomics. 11:111-150
We study a principal-agent interaction where investments and rewards arrive stochastically over time and are privately observed by the agent. Investments (costly for the agent, beneficial for the principal) can be concealed by the agent. Rewards (ben
Autor:
Alexander Frug, Daniel Bird
Publikováno v:
The Economic Journal.
Workers are rarely assigned to perform the same task throughout their career. Instead, their assignments may change randomly over time to comply with the fluctuating needs of the organisation where they are employed. In this article, we show that thi
Autor:
Alexander Frug
Publikováno v:
Journal of Economic Theory. 177:594-615
Prior to advising a decision maker, the expert needs to gather some relevant information. This often takes time, and therefore, even if the expert's learning process is unobservable, the timing of advice can be informative in itself. If, in addition,
Autor:
Kfir Eliaz, Alexander Frug
Publikováno v:
Eliaz, K & Frug, A 2018, ' Bilateral trade with strategic gradual learning ', Games and Economic Behavior, vol. 107, pp. 380-395 . https://doi.org/10.1016/j.geb.2017.10.026
We propose a model of bilateral trade in which private information about the quality of an asset can be acquired only gradually over time. An asset is characterized by a vector of binary i.i.d. attributes, and its worth to a player is equal to a weig
Autor:
Alexander Frug
Publikováno v:
Economics Letters. 143:118-120
Allowing for dynamic information control in Crawford and Sobel’s (1982) cheap-talk game can significantly improve the informativeness of communication. While the constructions offered in Ivanov (2014, 2015) significantly increase the amount of info
Autor:
Alexander Frug
Publikováno v:
Alexander Frug
A discrete version of Crawford and Sobel's (1982) cheap talk model is considered. Unlike in the continuous case, limiting attention to partitional equilibria is with loss of generality. The need to consider equilibria that are non-partitional complic
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1fdf715e78cdb51bb667b8d8cb29dcb1
http://www.sciencedirect.com/science/article/pii/S089982561630080X
http://www.sciencedirect.com/science/article/pii/S089982561630080X