3 papers
econ.TH2024
Data-Driven Monitoring and Deterrence in a Changing Environment
Yeon-Koo Che, Jinwoo Kim, Konrad Mierendorff
We study a dynamic model in which a principal monitors agents based on historical data of infractions. This data informs when and at what intensity to monitor; the monitoring decis…
econ.TH2021
Auction Design with Data-Driven Misspecifications
Philippe Jehiel, Konrad Mierendorff
We consider auction environments in which at the time of the auction bidders observe signals about their ex-post value. We introduce a model of novice bidders who do not know know…
math.OC2018
Optimal Dynamic Allocation of Attention
Yeon-Koo Che, Konrad Mierendorff
We consider a decision maker (DM) who, before taking an action, seeks information by allocating her limited attention dynamically over different news sources that are biased toward…