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Erbao Cao

1 paper hereh-index 332 citations7 works total

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author position
  • last author1

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fields
  • econ.TH1

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collaborators

1 paper

econ.TH2026

Dynamic Mechanism Collapse: A Boundary Characterization

Xiaopeng Zeng, Erbao Cao

Public histories may change continuation rules but not ex-ante value. We study when public histories beyond posterior beliefs affect the seller's ex-ante value in dynamic mechanism…

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