4 papers
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…
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…
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…
Persuaded Search
Teddy Mekonnen, Zeky Murra-Anton, Bobak Pakzad-Hurson
We consider sequential search by an agent who cannot observe the quality of goods but can acquire information by buying signals from a profit-maximizing principal with limited comm…