Anton Tsoy
Institution
University of Toronto
PhD Year
2015
tsoianton.ru@gmail.com
FTG Membership
Member
Website
https://sites.google.com/site/antonetsoy/home
Featured Work
Dec 28, 2016
Alternating-offer Bargaining with the Global Games Information Structure
This paper studies frequent-offer limits of perfect Bayesian equilibria in the alternating-offer bilateral bargaining model with private correlated values. The correlation of values is modeled via the global games information structure: values depend on the unobserved quality of the object and idiosyncratic factors. For any level of correlation we construct a punishing path that exhibits the Coasian dynamics and enables to sustain a variety of...
Dec 14, 2016
Selling to Advised Buyers
In many cases, buyers are not fully informed about their valuations and rely on the advice of biased experts. For example, the board of the bidder relies on the advice of managers when bidding for a target in a takeover contest. We study the design of sale mechanisms to such “advised buyers”. In static mechanisms, such as first- and second-price auctions, advisors communicate a coarsening...
