Dynamic contracting under adverse selection and renegotiation

DOI10.1016/J.JET.2017.06.007MaRDI QIDQ2402062zbMATH OpenOpenAlexFDO

Authors Lucas Maestri

Publication date 6 September 2017

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2017.06.007

zbMATH Keywords

screeningrenegotiationdynamic contracting

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Consumer behavior, demand theory (91B42) Microeconomic theory (price theory and economic markets) (91B24)

Recommendations

• Optimality and renegotiation in dynamic contracting
• Adverse Selection and Renegotiation in Procurement
• Signalling and Renegotiation in Contractual Relationships
• Contract Renegotiation and Coasian Dynamics
• Renegotiation-proof contract in repeated agency

Cites work

• scientific article; zbMATH DE number 1351867 (Why is no real title available?)
• Adverse Selection and Renegotiation in Procurement
• Bargaining over a Menu of Wage Contracts
• Contract Renegotiation and Coasian Dynamics
• Contract negotiation and the Coase conjecture: a strategic foundation for renegotiation-proof contracts
• Contracting with Imperfect Commitment and the Revelation Principle: The Single Agent Case
• Foundations of dynamic monopoly and the Coase conjecture
• Monopoly and product quality
• Moral Hazard and Renegotiation in Agency Contracts
• Optimal auction design under non-commitment
• Optimality and renegotiation in dynamic contracting
• Sequentially Optimal Mechanisms1

Cited in

(15)

• Contract withdrawals and equilibrium in competitive markets with adverse selection
• Contract renewal under uncertainty
• Implementation of optimal contracts under adverse selection
• Adverse Selection and Renegotiation in Procurement
• A theory of dynamic contracting with financial constraints
• Quality and price personalization under customer recognition: a dynamic monopoly model with contrasting equilibria
• Communication, renegotiation and coordination with private values
• Contract design and non-cooperative renegotiation
• Optimality and renegotiation in dynamic contracting
• Screening by mode of trade
• Dynamic contracting under permanent and transitory private information
• Renegotiation and dynamic inconsistency: contracting with non-exponential discounting
• Repeated contracting without commitment
• Dynamic adverse selection with a patient seller
• Sequential veto bargaining with incomplete information

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