2 papers
econ.TH2022
Comparative statics with adjustment costs and the Le Chatelier principle
Eddie Dekel, John K. -H. Quah, Ludvig Sinander
We develop a theory of monotone comparative statics for models with adjustment costs. We show that comparative-statics conclusions may be drawn under the usual ordinal complementar…
econ.TH2020
Only Time Will Tell: Credible Dynamic Signaling
Egor Starkov
This paper characterizes informational outcomes in a model of dynamic signaling with vanishing commitment power. It shows that contrary to popular belief, informative equilibria wi…