Zobrazeno 1 - 10
of 19
pro vyhledávání: '"Pak Hung Au"'
Publikováno v:
Journal of Economic Behavior & Organization. 197:325-340
Publikováno v:
International Economic Review. 61:901-939
We investigate the impact of corporate governance on customers' trust using a dynamic model of experience‐goods firm. In the optimal equilibrium, customers' trust in the firm is linked to its behavior in the market for corporate control, so that th
Autor:
Pak Hung Au
Publikováno v:
Theoretical Economics. 14:1015-1061
An agent searches sequentially for advice from multiple experts concerning the payoff of taking an operation. After incurring a positive search cost, the agent can consult an expert whose interest is partially aligned with him. There are infinitely m
Autor:
Keiichi Kawai, Pak Hung Au
We analyze a model of competition in Bayesian persuasion in which two senders vie for the patronage of a receiver by disclosing information about the qualities of their respective proposals, which are positively correlated. The information externalit
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1d261d5d1412762bbd59e47fb59d165f
https://hdl.handle.net/10356/160704
https://hdl.handle.net/10356/160704
Autor:
Pak Hung Au, Keiichi Kawai
Publikováno v:
SSRN Electronic Journal.
A quota contract is known to be susceptible to the timing games by the agent. We show that this seemingly undesirable feature is what makes the use of quota contracts profitable for the principal who lacks contractual commitment power. A quota contra
Autor:
Pak Hung Au, Bin R. Chen
Publikováno v:
Journal of Economic Theory. 192:105172
Evidence for positive peer effects in production has been well-documented in empirical studies, and these effects are found to be more significant in teams composed of members with heterogeneous abilities. By modeling peer effect as mutual monitoring
Autor:
Pak Hung Au
Publikováno v:
Journal of Economic Behavior & Organization. 130:81-106
We develop a theory of endogenous disagreement over the interpretation of public news based on the optimal expectation model proposed by Brunnermeier and Parker (2005) . In our model, each agent can form an optimal interpretation and agree to disagre
Autor:
Pak Hung Au, Jipeng Zhang
Publikováno v:
Journal of Economic Behavior & Organization. 127:70-86
Alcohol drinking during business negotiation is a very common practice, particularly in some East Asian countries. Does alcohol consumption affect negotiator's strategy and consequently the outcome of the negotiation? If so, what is the mechanism thr
Autor:
Pak Hung Au, Mark Whitmeyer
We consider a model of oligopolistic competition in a market with search frictions, in which competing firms with products of unknown quality advertise how much information a consumer's visit will glean. In the unique symmetric equilibrium of this ga
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e2fc75c9e44ba221891dddd58902ec74
http://arxiv.org/abs/1802.09396
http://arxiv.org/abs/1802.09396
Autor:
King King Li, Pak Hung Au
Publikováno v:
SSRN Electronic Journal.
In a Bayesian persuasion setting, a sender persuades a receiver to take an action by designing and committing to disclose information about the receiver’s payoff of taking the action. We propose a model that incorporates reciprocity into the Bayesi