Browsing Economics by Author "Özener, Başak Altan"

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Damaged durable goods, upgrades, and the coase conjecture

Özener, Başak Altan (Mohr Siebeck, 2018-12)

This study analyzes a damaged-goods market for a perfectly durable good in an infinite-horizon, discrete-time game. We characterize Markov perfect equilibria of this game under different buyer upgrade possibilities as a ...
Dynamic moral hazard with sequential tasks

Özener, Başak Altan (Elsevier, 2019-10)

We study a sequential agency problem with hidden actions in an infinite horizon dynamic setting. The principal has a project that requires completion of two sequential tasks where the predecessor must be finished before ...