The scope of sequential screening with ex post participation constraints

A-Tier
Journal: Journal of Economic Theory
Year: 2020
Volume: 188
Issue: C

Authors (3)

Bergemann, Dirk (Yale University) Castro, Francisco (not in RePEc) Weintraub, Gabriel Y. (not in RePEc)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study the classic sequential screening problem in the presence of ex post participation constraints. We establish necessary and sufficient conditions that determine when the optimal selling mechanism is either static or sequential. In the static contract, the buyers are not screened with respect to their interim type and the object is sold at a posted price. In the sequential contract, the buyers are screened with respect to their interim type and a menu of quantities is offered.

Technical Details

RePEc Handle
repec:eee:jetheo:v:188:y:2020:i:c:s0022053120300533
Journal Field
Theory
Author Count
3
Added to Database
2026-01-24