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econ.TH2025
The (No) Value of Commitment
Nathan Hancart
I provide a sufficient condition under which a principal does not benefit from committing to a mechanism in economic models represented by a maximisation problem under constraints.…
econ.TH2025
Selection Procedures in Competitive Admission
Nathan Hancart
I study how organisations choose selection procedures in a competitive environment. Two firms compete to hire candidates of unknown productivity from a common pool. Firms simultane…