C0

Partial Differential Equations in Economics and Finance (2007)

This book reviews the basic theory of partial differential equations of the first and second...

 

PDF

Non-monotone incentives in a model of coexisting hidden action and hidden information (2006)

In this paper I consider a model of coexisting moral hazard and adverse selection, similar...

 

PDF

Snobs and Quality Gaps, The B.E. Journals in Theoretical Economics (2006)

The paper characterizes the optimal provision of quality by a monopolist facing a population of...

 

PDF

Bounded rationality: static versus dynamic approaches, Economic Theory (2005)

Two kinds of theories of boundedly rational behavior are possible. Static theories focus on stationary...

 

Multidimensional Screening (2005)

The book brings into a focus all necessary mathematical knowledge to understand the economics of...

 

C60

PDF

Incentives for Boundedly Rational Agents, The B.E. Journals in Theoretical Economics (2003)

This paper develops a theoretical framework for analyzing incentive schemes under bounded rationality. It starts...

 

D8

PDF

Non-monotone incentives in a model of coexisting hidden action and hidden information (2006)

In this paper I consider a model of coexisting moral hazard and adverse selection, similar...

 

PDF

Snobs and Quality Gaps, The B.E. Journals in Theoretical Economics (2006)

The paper characterizes the optimal provision of quality by a monopolist facing a population of...

 

Multidimensional Screening (2005)

The book brings into a focus all necessary mathematical knowledge to understand the economics of...

 

PDF

Hamiltonian Approach to Multi-dimensional Screening, Journal of Mathematical Economics (2001)

In this paper, I consider a problem of multi-dimensional screening in the case when the...

 

D82

PDF

Risk-Averse Market Maker and Supply of Liquidity (with Xiangkang Yin), Economic Record (2011)

In this paper we modify Biais, Martimort, and Rochet (2000) model to allow risk aversion...

 

PDF

Optimal Screening by Risk-Averse Principals (with Xiangkang Yin), The B.E. Journal in Theoretical Economics (Topics) (2010)

This paper studies the effects of principal’s risk aversion on principal-agent relationship under hidden information....

 

PDF

Monopolistic Screening with Boundedly Rational Consumers, Economic Record (2009)

In this paper, I revisit the monopolistic screening problem with two types assuming that consumers...

 

Link

Nonlinear Pricing under Bounded Rationality (with James A. Mirrlees) (2009)

In this paper we introduce bounded rationality into the standard monopolistic screening model of Mussa...

 

PDF

A generalized optimal control problem (with Svetlana Danilkina), 25th Australian Economic Theory Workshop (2007)

In this paper we generalize the Pontryagin maximum principle for the case of an optimal...

 

PDF

Incentives for Boundedly Rational Agents, The B.E. Journals in Theoretical Economics (2003)

This paper develops a theoretical framework for analyzing incentive schemes under bounded rationality. It starts...

 

D83

PDF

Incentives for Boundedly Rational Agents, The B.E. Journals in Theoretical Economics (2003)

This paper develops a theoretical framework for analyzing incentive schemes under bounded rationality. It starts...

 

D7

PDF

Bounded rationality: static versus dynamic approaches, Economic Theory (2005)

Two kinds of theories of boundedly rational behavior are possible. Static theories focus on stationary...

 

L1

PDF

Market Niche, Flexibility and Commitment (with Vladimir Smirnov and Andrew Wait), The Manchester School (2007)

We study a market-entry game in which the potential entrants coordinate their actions (i.e. enter...

 

C7

PDF

Equilibrium selection in coordination games: Why do dominated strategies matter?, Economics Bulletin (2004)

In this paper I illustrate by an example that strictly dominated strategies may affect the...

 

Link

A Note on Risk Aversion and Evolution to Equilibrium in 2x2 Coordination Games (with Murali Agastya) (2004)

In this note we point out the effect of risk-aversion on both the speed of...

 

C78, D83

Link

A Note on Risk Aversion and Evolution to Equilibrium in 2x2 Coordination Games (with Murali Agastya) (2004)

In this note we point out the effect of risk-aversion on both the speed of...

 

C61, D82, E13

PDF

A generalized optimal control problem (with Svetlana Danilkina), 25th Australian Economic Theory Workshop (2007)

In this paper we generalize the Pontryagin maximum principle for the case of an optimal...

 

C6

PDF

Hamiltonian Approach to Multi-dimensional Screening, Journal of Mathematical Economics (2001)

In this paper, I consider a problem of multi-dimensional screening in the case when the...

 

D42, D43

PDF

Optimal Screening by Risk-Averse Principals (with Xiangkang Yin), The B.E. Journal in Theoretical Economics (Topics) (2010)

This paper studies the effects of principal’s risk aversion on principal-agent relationship under hidden information....

 

No subject area

Link

Auctions with Opportunistic Experts (with Svetlana Danilkina), The B.E. Journal in Theoretical Economics (Topics) (2007)

In this paper we revisit the first price and the second price sealed-bid auctions. However,...

 

PDF

Prohibition and the Market for Illegal Drugs (with Jeffrey Miron and Mireille Jacobson), World Economics (2001)