3 papers
econ.TH2026
Optimal Grading: A Unified Approach
Bin Liu, Jingfeng Lu
We develop a unified approach to optimal grading in an all-pay contest in which a designer assigns a fixed vector of heterogeneous prizes to maximize expected total effort. The app…
econ.TH2021
Peace Through Side Payments
Jingfeng Lu, Zongwei Lu, Christian Riis
We study strategic bargaining for peaceful settlement before conflict escalates into war, comparing two protocols: offering a take-it-or-leave-it side payment versus requesting one…
econ.TH2019
Perfect bidder collusion through bribe and request
Jingfeng Lu, Zongwei Lu, Christian Riis
We study collusion in a second-price auction with two bidders in a dynamic environment. One bidder can make a take-it-or-leave-it collusion proposal, which consists of both an offe…