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Optimal Contracting and the Organization of Knowledge

luis garicano,luis rayo, William Fuchs   Jul 30,2018

We study contractual arrangements that support an efficient use of time in a knowledge- intensive economy in which agents... Read More

Screening and Adverse Selection in Frictional Markets

Benjamin Lester,Ali Shourideh,Venky Venkateswaran, Ariel Zetlin-Jones   Jul 06,2018

We incorporate a search-theoretic model of imperfect competition into an otherwise standard model of asymmetric information with unrestricted contracts.... Read More

Information Spillovers in Asset Markets with Correlated Values

Brett Green , William Fuchs , Vladimir Asriyan   Jul 06,20183

We study information spillovers in a dynamic setting with correlated assets owned by privately informed sellers. In the model, a... Read More

Published: American Economic Review, 2017, (), -