공지사항

2025.06.12 BK 목요세미나-장동규 교수님(City U. of Hong Kong)

작성일 2025-06-09

파일

안녕하세요, 경제학과 BK사무실입니다.
경제학과 BK21 교육연구단에서 아래와 같이 목요세미나를 개최합니다.
많은 참여 부탁드립니다.

- 일시 : 2025년 6월 12일 (목) 16:30 - 17:45
- 발표자 : 장동규 교수님 (City University of Hong Kong)

- 주제 : Unveiling the Failure of Positive Selection

- 장소 : 경영관 33503호

- Abstract : In dynamic screening problems between an uninformed seller and a privately-informed buyer, theory suggests that the presence of the buyer’s outside option leads to a significant surplus for the seller. However, this prediction relies on multiple layers of positive selection reasoning. To examine whether participants demonstrate positive selection in their belief updates, we conduct a two-round bargaining experiment with finite price alternatives, which enable us to identify first-, second-, and third-order positive selection reasoning. Few subjects adhere to the equilibrium reasoning, and the majority fail even at the first-order reasoning. Consequently, the seller payoffs fall short of the theoretical benchmark.