[Seminario de economía de la U Javeriana] Seminario HOY: David Bardey

21 views

Skip to first unread message

Hector Galindo Silva

unread,

Oct 20, 2017, 8:21:13 AM10/20/17

to Alexander Gotthard Real, Jairo Andrés Rendón Gamboa, Jeremy Young, Oliver Enrique Pardo Reinoso, Javier Alejandro Rodríguez Camacho, Marie Boltz, Andres Eduardo Luengo Morales, Christian Diego Alcocer Arguello, Alvaro Montenegro Garcia, Ana Maria Diaz Escobar, Andres Ricardo Sanchez De La Rosa, Andres Rosas Wulfers, Gonzalo Hernandez, Luz Karime Abadia, Angela Maria Fonseca Galvis, Cesar Attilio Ferrari Quine, Flavio Jacome Lievano, Gabriel Ignacio Penagos Londoño, Gloria Lucia Bernal Nisperuza, Hector Galindo Silva, Ignacio Penagos Montoya, Jorge Alberto Restrepo Torres, Juan Felipe Bernal Uribe, Juanita Cifuentes Gonzalez, Luis Carlos Reyes Hernández, Luz Magdalena Salas Bahamón, Mary Cecilia Berrio Norman, Miguel Rozo Duran S.J., Paula Herrera Idarraga, Silvia Consuelo Gomez Soler, Claudio Alberto Mora Garcia, Santiago Gómez Malagón, Daniela Hurtado Ardila, Jhon Alexander Romero Ochoa, Santiago Muñoz González, Catalina Zapata Florez, Sofia Betancourt Cajiao, Juanita Medina Martínez, angela...@hotmail.com, Lilia Salgado Burgos, Alejandra Romero Quiñones, David Caicedo Sarralde, Erika Alejandra Moreno Cardenas, Jorge Esteban Lagos Suarez, Juan Camilo Salgado Ramirez, Juan Eduardo Coba Puerto, Karen Milena Lamus Lasso, Luisa Fernanda Ballén Vargas, Maria Alejandra Ruiz Sanchez, Sergio Andrés Taborda Ruiz, Rita Elsa Pantevez Bautista, leidy Paola Llanes Duenas, Erika Cifuentes Dos Santos, Juan David Torres Alarcon, Oliver Pardo, resc...@buffalo.edu, Mariana Ruiz Jaramillo, Manuela Giraldo Jaramillo, Daniela Rodríguez Novoa, Nicolas Niño Alarcon, Viena Zulay Ribero López, Sandra Polania Reyes, salo...@ur.rochester.edu, sanche...@javeriana.edu.co, Diaz Moscoso, Sebastian, lstasi...@javeriana.edu.co, Maxime LIEGEY, EcoSeminari...@googlegroups.com

Seminario de hoy Departamento de Economía PUJ

Viernes 20 de Octubre

Salón 301, Edificio Jorge Hoyos

12:30-2:00pm

David Bardey (Universidad de los Andes)

''Controlling sellers who provide advice: Regulation and competition''

Abstract:

A monopoly seller advises buyers about which of two goods best fits their needs but may be tempted to steer buyers towards the higher margin good. For the seller to collect information and provide truthful advice, the profits from both goods must lie within an implementability cone. In the optimal regulation, pricing distortions and information-collection incentives are controlled separately by price regulation and fixed rewards respectively. This no longer holds when the seller has private information about costs as both problems interact. We study the extent to which competition and buyers' threat to switch sellers can substitute for regulation.

Hector Galindo Silva

Assistant Professor in Economics

Pontificia Universidad Javeriana

Website: https://sites.google.com/site/hectorgalindosilva/home

Reply all

Reply to author

Forward

0 new messages