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 ...
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