3 accepted papers
We propose a decentralized market model in which agents can negotiate bilateral contracts. This builds on a similar, but centralized, model of trading networks introduced by Hatfield et al. in 2013. Prior work has established that fully-substitutable preferences guarantee the existence of competitiv…
We study single-player extensive-form games with imperfect recall, such as the Sleeping Beauty problem or the Absentminded Driver game. For such games, two natural equilibrium concepts have been proposed as alternative solution concepts to ex-ante optimality. One equilibrium concept uses generalized…
We study how to incentivize agents in a target subpopulation to produce a higher output by means of rank-order allocation contests, in the context of incomplete information. We describe a symmetric Bayes--Nash equilibrium for contests that have two types of rank-based prizes: (1) prizes that are acc…