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We explore a novel model where authors of heterogeneous papers submit to ranked journals with admission standards on noisy referee evaluations. Journal caliber ...

We model an agent who stubbornly underestimates how much his behavior is driven by undesirable motives, and, attributing his behavior to other considerations, ...

We study a generalization of the classical monopoly insurance problem under adverse selection where we allow for a random distribution of losses, possibly ...

This paper reconsiders the problem of a durable-good monopolist who cannot make intertemporal commitments. The buyer’s valuation is binary and his private ...

I study a model of costly Bayesian persuasion by a privately and partially informed sender who conducts a public experiment. I microfound the cost of an ...

This paper studies the dynamic completion of interrelated projects. A decision maker allocates, at each point in time, a fixed unit of attention to projects ...

The classic wisdom-of-the-crowd problem asks how a principal can “aggregate” information about the unknown state of the world from agents without understanding ...

Dr. Bernd Sörries leitet als Direktor der WIK-Consult die Abteilung „Regulierung und Wettbewerb“. Die WIK-Consult ist ein Beratungsunternehmen, das Beratung ...