The Design of Ambiguous Mechanisms
Work
Year: 2016
Type: article
Abstract: This article explores the sale of an object to an ambiguity averse buyer. We show that the seller can increase his profit by using an ambiguous mechanism. That is, the seller can benefit from hiding c... more
Source: The Review of Economic Studies
Institution Bocconi University
Cites: 43
Cited by: 54
Related to: 10
FWCI: 5.207
Citation percentile (by year/subfield): 95.01
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green