Zobrazeno 1 - 10
of 64
pro vyhledávání: '"Brennan C. Platt"'
Autor:
S. Nuray Akin, Brennan C. Platt
Publikováno v:
American Economic Journal: Microeconomics. 14:158-199
We study a dynamic equilibrium search model where sellers differ in their urgency to liquidate an asset. Buyers strategically make price offers without knowing a given seller’s urgency. We study liquidity and price dynamics on the transition path a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0978bdfb64738babe4db8c1c3422e665
https://doi.org/10.1257/mic.20200227
https://doi.org/10.1257/mic.20200227
Publikováno v:
American Economic Review. 110:3748-3785
We present a new equilibrium search model where consumers initially search among discount opportunities, but are willing to pay more as a deadline approaches, eventually turning to full-price sellers. The model predicts equilibrium price dispersion a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ef8a563f7fc513642dfa4019a83f3a4a
https://doi.org/10.1257/aer.20190460
https://doi.org/10.1257/aer.20190460
Publikováno v:
Journal of Economic Behavior & Organization. 160:121-137
A firm's payoffs can often depend on whether it exceeds a threshold of performance. In a principal-agent setting, we demonstrate that the optimal contract induces efficient effort by basing firing decisions solely on whether the agent was successful,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::779ed185b9bc1d690ed5f4168b98bddf
https://doi.org/10.1016/j.jebo.2019.02.012
https://doi.org/10.1016/j.jebo.2019.02.012
Publikováno v:
Economic Theory. 67:817-851
We present a model of directed job search with asymmetric information regarding worker type. While job applicants know their productivity type, firms can only observe the duration of unemployment as well as a noisy signal of worker type. Firms can of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2b762fe9b0aa67f58859ff6ddfbf514c
https://doi.org/10.1007/s00199-018-1099-7
https://doi.org/10.1007/s00199-018-1099-7
Autor:
Brennan C. Platt
Publikováno v:
International Journal of Industrial Organization. 54:65-88
Participation in internet auctions goes well beyond those who place a bid. Participants arrive in random order, and if the auction’s standing price has already exceeded a participant’s valuation, she will not bid. Even so, her unreported valuatio
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ff80ce3f3c10beefb36761925d7ca62f
https://doi.org/10.1016/j.ijindorg.2017.06.001
https://doi.org/10.1016/j.ijindorg.2017.06.001
Autor:
S. Nuray Akin, Brennan C. Platt
Publikováno v:
European Economic Review. 85:245-271
Spouse quality, measured by educational attainment, varies significantly with the age at which an individual marries, peaking in the mid-twenties then declining through the early-forties. Interestingly, this decline is much sharper for women than men
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1ca46078473a29a38a97c37031445b96
https://doi.org/10.1016/j.euroecorev.2016.02.008
https://doi.org/10.1016/j.euroecorev.2016.02.008
Publikováno v:
Management Science. 61:1121-1136
Outcome bias occurs when an evaluator considers ex post outcomes when judging whether a choice was correct ex ante. We formalize this cognitive bias in a simple model of distorted Bayesian updating. We then examine strategy changes made by profession
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b112a46020231aa047655b89066fc686
https://doi.org/10.1287/mnsc.2014.1966
https://doi.org/10.1287/mnsc.2014.1966
Publikováno v:
Management Science. 59:2117-2134
We analyze a new auction format in which bidders pay a fee each time they increase the auction price. Bidding fees are the primary source of revenue for the seller but produce the same expected revenue as standard auctions (assuming risk-neutral bidd
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9fd1b864d03d960dcd673564ac5adab0
https://doi.org/10.1287/mnsc.1120.1666
https://doi.org/10.1287/mnsc.1120.1666
Autor:
S. Nuray Akin, Brennan C. Platt
Publikováno v:
Journal of Risk and Insurance. 81:397-429
We examine a service market with two frictions: search is required to obtain price quotes, and insurance coverage for the service reduces household search effort. While fewer draws from a price distribution will directly raise a household's average p
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::99fd1e9e2cbaee740f8c6b6e3f8131b8
https://doi.org/10.1111/j.1539-6975.2013.01515.x
https://doi.org/10.1111/j.1539-6975.2013.01515.x
Autor:
S. Nuray Akin, Brennan C. Platt
Publikováno v:
Economic Theory. 55:101-133
We ask how the ability to recall past prices affects the dynamics of search and price formation. In the model, buyers have limited time to purchase a good and face uncertainty regarding the availability of past price quotes in the future. Sellers can
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::fa187c2771c262284028d1d5500be068
https://doi.org/10.1007/s00199-013-0740-8
https://doi.org/10.1007/s00199-013-0740-8