3 papers
econ.TH2026
Exploration and Stopping
Yuliy Sannikov, Weijie Zhong
We study a decision-maker who explores --- dynamically choosing what to learn --- before stopping to act. We first reduce this dynamic control problem to a static one: any explorat…
econ.TH2025
The Cost of Optimally Acquired Information
Alexander W. Bloedel, Weijie Zhong
This paper introduces a framework for modeling the cost of information acquisition based on the principle of cost-minimization. We study the reduced-form \emph{indirect cost} of in…
econ.TH2024
Rank-Guaranteed Auctions
Wei He, Jiangtao Li, Weijie Zhong
We propose a combinatorial ascending auction that is "approximately" optimal, requiring minimal rationality to achieve this level of optimality, and is robust to strategic and dist…