Krähmer, Daniel; Strausz, Roland
(2017):
Sequential versus Static Screening: an Equivalence Result.
Collaborative Research Center Transregio 190, Discussion Paper No. 24
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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.