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pro vyhledávání: '"Xiao, Peiran"'
Autor:
Xiao, Peiran
I study the optimal allocation of positional goods with externalities and one-sided transfers. Because consumers care about their relative positions in consumption, allocating an item to one buyer has externalities on others. Using a mechanism design
Externí odkaz:
http://arxiv.org/abs/2411.06285
Autor:
Xiao, Peiran
I study the optimal design of ratings to motivate agent investment in quality when transfers are unavailable. The principal designs a rating scheme that maps the agent's quality to a (possibly stochastic) score. The agent has private information abou
Externí odkaz:
http://arxiv.org/abs/2407.10525