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Dynamic moral hazard with sequential tasks
(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 ...
Price and quality decisions of a service provider under heterogeneous demand
(Boğaziçi Üniversitesi, 2019)
A monopolist service provider's quality and price decisions are analyzed in a vertically differentiated market where customers demand different quantities of a service. We find that depending on the relative sizes of the ...
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