Sequential versus static screening: An equivalence result

نویسندگان

  • Daniel Krähmer
  • Roland Strausz
چکیده

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.

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عنوان ژورنال:
  • Games and Economic Behavior

دوره 106  شماره 

صفحات  -

تاریخ انتشار 2017