3 papers
econ.TH2025
Bertrand Menu Competition
Fuhito Kojima, Bobak Pakzad-Hurson
We study a variation of the price competition model a la Bertrand, in which firms must offer menus of contracts that obey monotonicity constraints, e.g., wages that rise with worke…
econ.TH2024
Competition, Persuasion, and Search
Teddy Mekonnen, Bobak Pakzad-Hurson
How does competition in markets for information affect the creation and division of surplus? We study this question in a search environment in which an agent searches sequentially…
econ.TH2023
Equal Pay for Similar Work
Diego GentilePassaro, Fuhito Kojima, Bobak Pakzad-Hurson
Equal pay laws increasingly require that workers doing "similar" work are paid equal wages within firm. We study such "equal pay for similar work" (EPSW) policies theoretically and…