no code implementations • 22 Dec 2022 • Navin Kartik, SangMok Lee, Daniel Rappoport
An agent's preferences depend on an ordered parameter or type.
no code implementations • 3 Mar 2021 • Navin Kartik, SangMok Lee, Tianhao Liu, Daniel Rappoport
We develop two classes of preferences and information that jointly satisfy excludability: (i) for a one-dimensional state, preferences with single-crossing differences and a new informational condition, directionally unbounded beliefs; and (ii) for a multi-dimensional state, intermediate preferences and subexponential location-shift information.