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Title:Hard evidence and welfare in adverse selection environments Author(s):PRAM, Kym
Date:2017Type:Working PaperSeries/Number:EUI MWP; 2017/10Abstract:I consider environments in which an agent with private information can acquire arbitrary hard evidence about his type before interacting with a principal. In a broad class of screening models, I show that there is always ...
Date:2017Type:Working PaperSeries/Number:EUI MWP; 2017/10Abstract:I consider environments in which an agent with private information can acquire arbitrary hard evidence about his type before interacting with a principal. In a broad class of screening models, I show that there is always ...