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The Strategic Timing Incentives of Commercial Radio Stations:An Empirical Analysis Using Multiple Equilibria
Strategic Timing Incentives Commercial Radio Stations Multiple Equilibria
2015/9/24
Commercial radio stations and advertisers may have conflicting interests about when commercial breaks should be played. This article estimates an incomplete information timing game to examine stations...
Optimal Incentives in Core-Selecting Auctions
core stable matching marriage problem auctions core-selecting auctions menu auctions proxy auctions package bidding combinatorial bidding incentives truncation strategies
2015/7/21
Auctions that select core allocations with respect to reported values generate competitive levels of sales revenues at equilibrium and limit bidder incentives to use shills. Among core-selecting aucti...
Internal Capital Markets and Firm-Level Compensation Incentives for Division Managers
Capital Markets Executive Compensation Capital Budgeting Motivation and Incentives Profit
2015/5/14
Do multidivisional firms structure compensation contracts for division managers to mitigate incentive problems in their internal capital markets? I find evidence that compensation and investment incen...
Prizes and patents: Using market signals to provide incentives for innovations
Mechanism design Patents Prizes Economic growth
2014/3/18
We consider environments in which agents other than innovator receive the signals about the quality of innovation. We study whether mechanisms can be found which exploit market information to provide ...