Calendrier du 15 juin 2020
Roy Seminar (ADRES)
Du 15/06/2020 de 17:00 à 18:30
salle R2-20, campus Jourdan - 75014 Paris
NIKOLOWA Radoslawa (QMUL)
*
Paris Migration Seminar
Du 15/06/2020 de 16:00 à 17:30
https://zoom.us/meeting/register/tJUkcOGtqTgjGdZ7maGSPmdXMB5vPzDuyyML
DJOURELOVA Milena(Universitat Pompeu Fabra)
RO'EE LEVY Jonathan(Tel Aviv University - Eitan Berglas School of Economics)
JUNIOR SEMINAR: Media Persuasion through Slanted Language: Evidence from the Coverage of Immigration
Régulation et Environnement
Du 15/06/2020 de 15:00 à 16:00
Online
MIKLOS-THAL Jeanine (University of Rochester)
Opportunism in Multilateral Vertical Contracting: A Dynamic Perspective
écrit avec Jihwan Do (University of Rochester)
This paper proposes a dynamic approach to modeling opportunism in vertical contracting between an upstream monopolist and competing downstream firms. Unlike previous literature on opportunism which has focused on games in which the upstream firm makes simultaneous secret offers to the downstream firms, we model opportunism as a consequence of recontracting in an infinite-horizon continuous-time model. We find that the extent of opportunism depends on the absolute and relative reaction speeds of the different supplier-retailer pairs and on the firms' discount rate. Asymmetries in reaction speeds across supplier-retailer pairs can alleviate the opportunism problem.