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Information Design in Smooth Games
We study information design in games in which each player has a continuum of actions. We
show that an information structure is designer-optimal whenever the equilibrium play it …
show that an information structure is designer-optimal whenever the equilibrium play it …
The value of privacy in cartels: an analysis of the inner workings of a bidding ring
We study the inner workings of a bidding cartel focusing on the way in which bidders
communicate with one another regarding how each bidder should bid. We show that the …
communicate with one another regarding how each bidder should bid. We show that the …
[PDF][PDF] Collusion with Optimal Information Disclosure
T Sugaya, GSB Stanford, A Wolitzky - 2024 - economics.mit.edu
Motivated by recent concerns surrounding the use of third-party pricing algorithms by
competing firms, we study repeated Bertrand competition where market demand or the cost …
competing firms, we study repeated Bertrand competition where market demand or the cost …
[PDF][PDF] Mediated Repeated Moral Hazard
A Vong - 2024 - allenvong.net
A worker interacts with a sequence of clients under a manager's supervision. I highlight a
novel role of this manager's mediation in addressing the worker's moral hazard, namely to …
novel role of this manager's mediation in addressing the worker's moral hazard, namely to …