From the 1 of 4 linked papers with an AI index.
4 papers
Reputation Effects: Robustness and Fragility
Allen Vong
The paper studies how reputation effects in a repeated game between a long-lived player and a sequence of short-lived players are affected when the short-lived players slightly mis…
Dynamic Correlation as an Incentive Device
Allen Vong
I introduce dynamic correlation as an incentive instrument to address moral hazard. A firm mediates interactions between a long-lived worker and short-lived clients. I show that op…
Reputational cheap talk: influentialness and welfare
Allen Vong
A sender communicates private information about a hidden state to a receiver who seeks to match his action to that state. The sender strives to appear informed at the receiver's ex…
Task assignment as dynamic incentives
Yonghang Ji, Allen Vong
We study repeated task assignment as an instrument for providing effort incentives. Unlike traditional incentive instruments, assignment of a task both determines who produces and…