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All Outputs (7)

Dual sourcing with price discovery (2019)
Journal Article
Alcalde, J., & Dahm, M. (2019). Dual sourcing with price discovery. Games and Economic Behavior, 115, 225-246. https://doi.org/10.1016/j.geb.2019.03.007

© 2019 Elsevier Inc. We consider a (standard) reverse auction for dual sourcing and propose to determine both the providers' shares and the reserve price endogenously, depending on the suppliers' bids. Our benchmark considers a two-stage game of comp... Read More about Dual sourcing with price discovery.

The enforcement of mandatory disclosure rules (2018)
Journal Article
Dahm, M., González, P., & Porteiro, N. (2018). The enforcement of mandatory disclosure rules. Journal of Public Economics, 167, 21-32. https://doi.org/10.1016/j.jpubeco.2018.08.014

This paper examines the incentives of a firm to invest in information about the quality of its product and to disclose its findings. If the firm conceals information, it might be detected and fined. We show that optimal monitoring is determined by a... Read More about The enforcement of mandatory disclosure rules.

Affirmative action through extra prizes (2018)
Journal Article
Dahm, M., & Esteve-González, P. (2018). Affirmative action through extra prizes. Journal of Economic Behavior and Organization, 153, 123-142. https://doi.org/10.1016/j.jebo.2018.06.016

Some affirmative action policies establish that a set of disadvantaged competitors has access to an extra prize. We analyse the effects of creating an extra prize by reducing the prize in the main competition. Contestants differ in ability and agents... Read More about Affirmative action through extra prizes.

Credence goods, costly diagnosis, and subjective evaluation (2017)
Journal Article
Bester, H., & Dahm, M. (2018). Credence goods, costly diagnosis, and subjective evaluation. Economic Journal, 128(611), 1367-1394. https://doi.org/10.1111/ecoj.12472

We study contracting between a consumer and an expert in a credence goods model when (i) the expert's choice of diagnosis effort is not observable, (ii) the expert might misrepresent his private information about the adequate treatment, and (iii) pay... Read More about Credence goods, costly diagnosis, and subjective evaluation.

A carrot and stick approach to agenda-setting (2015)
Journal Article
Dahm, M., & Glazer, A. (2015). A carrot and stick approach to agenda-setting. Journal of Economic Behavior and Organization, 116, https://doi.org/10.1016/j.jebo.2015.05.012

This paper models a legislature in which the same agenda setter serves for two periods, showing how he can exploit a legislature (completely) in the first period by promising future benefits to legislators who support him. In equilibrium, a large maj... Read More about A carrot and stick approach to agenda-setting.

How a firm can induce legislators to adopt a bad policy (2012)
Journal Article
Dahm, M., Dur, R., & Glazer, A. (2014). How a firm can induce legislators to adopt a bad policy. Public Choice, 159(1-2), https://doi.org/10.1007/s11127-012-0016-z

This paper shows why a majority of legislators may vote for a policy that benefits a firm but harms all legislators. The firm may induce legislators to support the policy by suggesting that it is more likely to invest in a district where voters or th... Read More about How a firm can induce legislators to adopt a bad policy.