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21.11. BGSE Micro Workshop: Boaz Zik

BGSE Micro Workshop with Boaz Zik (University of Bonn)

Event details
What
  • BGSE Workshop
When Nov 21, 2018
from 12:00 to 13:00
Where room 0.017
Contact Name Stephan Lauermann
Contact Email
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Topic

 Efficient Allocation with Informational Externalities


Abstract

 We consider a seller of an item who faces potential buyers whose valuations depend on multiple private signals. It is known from the literature that when there are informational externalities and buyers' private signals arrive all at once efficiency is unattainable. We show that if the buyers' private signals arrive over time then the seller can attain efficiency even in the presence of informational externalities.

 

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