Calendrier du 23 mai 2016
Roy Seminar (ADRES)
Du 23/05/2016 de 17:00 à 18:30
Campus jourdan,Bâtiment E, Rez de chaussée, Salle 101
KLEIN Paul (SU)
Relational Contracts with Private Information: The Upside of Implicit Downsizing Costs
écrit avec Matthias Fahn (München University)
We analyze a relational contracting problem, in which the principal has some private
information about the future value of the relationship. In order to reduce bonus pay-
ments, the principal is tempted to claim that the value of the future relationship was
lower than it actually is. To induce truth-telling, the optimal relational contract may
introduce distortions after a bad report. For some levels of the discount factor, output
is reduced by more than would be sequentially optimal. This distortion is attenuated
over time even if prospects remain bad.
Industrial Organization
Du 23/05/2016 de 12:00 à 13:15
Campus jourdan,Bâtiment A, Rez de chaussée, Salle 4
REY Patrick (TSE)
Competitive Cross-Subsidization
écrit avec Zhijun Chen (Monash University)
Paris Game Theory Seminar
Du 23/05/2016 de 11:00 à 12:00
salle 01 (rez-de-chaussée) au Centre Emile Borel de l'Institut Henri Poincaré, 11 rue Pierre et Marie Curie, Paris 5ème