Abstract
We show that every sequential screening model is equivalent to a standard text book static screening model. We use this result and apply well-established techniques from static screening to obtain solutions for classes of sequential screening models for which standard sequential screening techniques are not applicable. Moreover, we identify the counterparts of well-understood features of the static screening model in the corresponding sequential screening model such as the single-crossing condition and conditions that imply the optimality of deterministic schedules.
Dokumententyp: | Paper |
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Keywords: | Sequential screening; static screening; stochastic mechanisms |
Fakultät: | Volkswirtschaft > Collaborative Research Center Transregio "Rationality and Competition" |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
JEL Classification: | D82, H57 |
URN: | urn:nbn:de:bvb:19-epub-58037-2 |
Sprache: | Englisch |
Dokumenten ID: | 58037 |
Datum der Veröffentlichung auf Open Access LMU: | 27. Sep. 2018, 13:56 |
Letzte Änderungen: | 04. Nov. 2020, 13:37 |