2 papers
econ.TH2025
Robust Welfare under Imperfect Competition
Konstantin von Beringe, Mark Whitmeyer
We study welfare analysis for policy changes when supply and demand behavior are only partially known. We augment the robust approach pioneered by Kang and Vasserman (2025) by inco…
econ.TH2024
The Perils of Overreaction
Konstantin von Beringe, Mark Whitmeyer
In order to study updating rules, we consider the problem of a malevolent principal screening an imperfectly Bayesian agent. We uncover a fundamental dichotomy between underreactio…