讲座题目:Optimal Disclosure Policy in Dynamic Research Contests
主讲人:陈博助理教授(沙特法赫德国王大学)
时间: 2018年7月4日(周三)
地点:文科楼新葡的京集团35222vip1425 10:30-12:30
主持人:马利军教授管理科学系副主任
内容简介:
This paper studies information disclosure in research contests. We analyze a multi-agent winner-takes-all contest in which each agent decides when to stop a privately observed search for innovations. Each agent makes a one-time submission of her best discovery to the organizer before a deadline. The contest ends when submissions are made from all agents, and the agent with the best innovation wins. The contest organizer chooses between a public policy where all previous submissions are immediately revealed to the public, and a hidden policy where all submissions are revealed to the public after the organizer receives all submissions from the agents. We analyze the agents’ equilibrium behavior under the two disclosure policies. We find that the disclosure policies drastically affects the agents’ equilibrium search behavior. In particular, the organizer strictly prefers to immediately reveal a submission from a stopping agent for search contests with long horizons, in that such research contests induce the most intensive search behavior from the agents in equilibrium.
主讲人简介:
陈博博士现为沙特阿拉伯法赫德国王大学新葡的京集团35222vip金融与经济系助理教授。他先后于2011年获得新加坡管理大学经济学学士学位,2016年获得德国波恩大学经济学硕士与博士学位。他于2016年7月至2017年8月在武汉大学经管学院高研所担任助理教授。他的研究兴趣主要集中在机制设计的领域,包括市场匹配,拍卖,竞赛等。
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