no code implementations • 19 Nov 2021 • Vasudha Jain, Mark Whitmeyer
Law enforcement acquires costly evidence with the aim of securing the conviction of a defendant, who is convicted if a decision-maker's belief exceeds a certain threshold.
no code implementations • 27 Apr 2021 • Vasudha Jain, Mark Whitmeyer
We modify the standard model of price competition with horizontally differentiated products, imperfect information, and search frictions by allowing consumers to flexibly acquire information about a product's match value during their visits.
