Symposium on Communication and Persuasion, March 14-15, 2020

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We are organising the Symposium on Communication and Persuasion, to be held in St Andrews on 14-15 March (Saturday-Sunday), 2020. The keynote speakers include Emir Kamenica (University of Chicago), Joel Sobel (University of California – San Diego), and Tymofiy Mylovanov (Government of Ukraine and University of Pittsburgh). More details are here.

Paper accepted to American Economic Review: Insights

The research paper titled “Optimal Quality Certification” by Andriy Zapechelnyuk is accepted for publication to American Economic Review: Insights.

Summary: Quality certification not only informs consumers, but also stimulates producers to supply better quality products. The paper studies a problem of quality certification in a moral hazard setting. It is shown that, under standard assumptions, simple certification systems, such as quality assurance rule and pass-fail rule, are optimal. The solution method involves interpreting the certification problem as a delegation problem.