Garrett Lab

University of Essex

- · United Kingdom

ERC-funded
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Research focus

ERC Starting Grant · 2016

Dynamic Mechanisms

This project studies dynamic mechanisms. By “dynamic mechanisms”, we mean policies to which a principal (e.g., a seller, an employer, or a regulator) can commit to induce the agents (e.g., buyers, employees, or regulated firms) to take the desired actions over time. Several components of the project are envisaged: - Competition in dynamic mechanisms. o I propose a competitive setting in which agents (e.g., buyers or workers) learn about the offers of different principals over time. Agents may receive more than one offer at a time, leading to direct competition between mechanisms. Received offers are agents’ private information, permitting strategic delay of acceptance (for instance, an…

From the public funding record at EU CORDIS. Describes the funded project, not the reviews below.

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