Event

Bargaining over Heterogenous Pie with Mechanisms and Incomplete Information

Microeconomics Research Seminar Series, Autumn Term 2020

  • Mon 9 Nov 20

    16:00 - 17:30

  • Colchester Campus

    Zoom

  • Event speaker

    Marcin Peski

  • Event type

    Lectures, talks and seminars
    Microeconomics Research Seminar Series

  • Event organiser

    Economics, Department of

Join Professor Marcin Peski as they present a research seminar entitled Bargaining over Heterogenous Pie with Mechanisms and Incomplete Information.

Bargaining over Heterogenous Pie with Mechanisms and Incomplete Information

Join us for this weeks Microeconomics Research Seminar.

Professor Marcin Peski from the Department of Economics, at the University of Toronto will present their research on Bargaining over Heterogenous Pie with Mechanisms and Incomplete Information.


Abstract

This paper consider an alternating-offer model of bargaining over a heterogeneous pie, with one-sided incomplete information about preferences and where players can offer arbitrary mechanisms to determine the allocation. When the pie has two parts and offers are frequent, there is a unique limit of Perfect Bayesian Equilibrium outcomes: the uninformed player proposes the optimal screening menu subject to the constraint that each type of the informed player gets at least her payoff under complete information. We explain that this outcome is equivalent to a constrained commitment. With more than two dimensions, there are equilibria in which the informed player may receive strictly less than her complete information benchmark.

This seminar will be held via webinar on Zoom. This event is open to all levels of study and is also open to the public. To register your place and gain access to the webinar, please contact the seminar organisers.

This event is part of the Microeconomics Research Seminar Series.

 

Contact the seminar organisers
Contact the seminar organisers
Dr Ahrash Dianat Department of Economics
University of Essex
Dr Aditya Kuvalekar Department of Economics
University of Essex

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