3 papers
econ.TH2026
Insuring uninsurable income
Michiko Ogaku
We study dynamic mechanism design in a pure-exchange economy with privately observed idiosyncratic income. In the standard infinitely lived hidden-income benchmark of Green (1987)…
econ.TH2026
Full Subgame-Perfect Implementation of Optimal Risk Sharing on an Infinite Menu
Michiko Ogaku
Can a welfare-maximizing risk-sharing rule be implemented in a decentralized community? We extend the price-and-choose (P&C) mechanism of Echenique and Núñez (2025), in which playe…
econ.TH2025
Linguistic Indirectness in Public Cheap-Talk Games
Liping Tang, Michiko Ogaku
We study linguistic indirectness when speakers attend to social ties. Social ties are modeled by a graph, and conferences are the sets of nodes that hear a message. Conference wort…