A buyer facing two spatially-separated sellers can negotiate with only one potential seller at a time. However, with some delay, the buyer can move back and forth between the two sellers. The introduction of behavioral types, even with low probabilities, makes the equilibrium of the resulting multilateral bargaining problem essentially unique. The equilibrium has a war of attrition structure. T...

We study a dynamic Bayesian persuasion framework in a finite horizon setting consisting of a Seller and a Buyer. The Seller wishes to persuade the Buyer to buy a durable good at a given price by providing information about its relevance (match quality). The Buyer has private information about his valuation for a good match and we study optimal dynamic information policies employed by the Seller...

Abstract Accounting is the business language of social economy. The in-depth application blockchain technology in accounting industry can promote development itself, and also further to play a higher role whole This paper studies necessity feasibility industry, discusses working principles information system seller buyer, constructs vertical horizontal models system. Finally, this points out th...

Seller reputation is an important asset because buyers often choose sellers on the basis of their reputation. This is particularly true when the quality of the good or service transacted is hard to measure and the parties cannot perfectly contract on the outcome of the transaction. As a consequence, the seller will be mindful of building and maintaining a good reputation through the information...