Ariel Zetlin-Jones
Institution
Carnegie Mellon University
PhD Year
2012
Phone
412-268-9743
azj@andrew.cmu.edu
FTG Membership
Member
Website
http://www.andrew.cmu.edu/user/azj/
Featured Work
Jul 6, 2018
Screening and Adverse Selection in Frictional Markets
We incorporate a search-theoretic model of imperfect competition into an otherwise standard model
of asymmetric information with unrestricted contracts. We develop a methodology that allows for
a sharp analytical characterization of the unique equilibrium, and then use this characterization to
explore the interaction between adverse selection, screening, and imperfect competition. We show
how the structure of equilibrium contracts—and hence the relationship...
