18 citations · 43 across the 12 of their papers we have counts for
4 papers · 1 filter
"Near" Weighted Utilitarian Characterizations of Pareto Optima
Yeon-Koo Che, Jinwoo Kim, Fuhito Kojima +1
We characterize Pareto optimality via "near" weighted utilitarian welfare maximization. One characterization sequentially maximizes utilitarian welfare functions using a finite seq…
Bailout Stigma
Yeon-Koo Che, Chongwoo Choe, Keeyoung Rhee
We develop a model of bailout stigma where accepting a bailout signals a firm's balance-sheet weakness and worsens its funding prospect. To avoid stigma, high-quality firms either…
Statistical Discrimination in Ratings-Guided Markets
Yeon-Koo Che, Kyungmin Kim, Weijie Zhong
We study statistical discrimination of individuals based on payoff-irrelevant social identities in markets that utilize ratings and recommendations for social learning. Even though…
Keeping the Listener Engaged: a Dynamic Model of Bayesian Persuasion
Yeon-Koo Che, Kyungmin Kim, Konrad Mierendorff
We consider a dynamic model of Bayesian persuasion in which information takes time and is costly for the sender to generate and for the receiver to process, and neither player can…