Hcoimc

时间：2025年11月3日14:00-15:30 (周一）

地点：明德主楼623会议室

主讲人：吕景峰 新加坡国立大学教授

主持人：汪紫珈讲师

主题：Optimal Selling Mechanisms with Endogenous Seller Outside Offers

讲座简介：

We examine a two-stage selling mechanism design problem, where the buyer makes her report and the seller endogenously decides his effort (hidden investment) to generate a possibly better outside offer. The optimal mechanism shows that the seller's effort depends on the reported value of the buyer; a higher value lowers the seller's incentive to invest in the outside offer. After the price of the outside offer is realized, if the buyer's virtual value is less than the price, the seller takes the outside offer and a termination fee which is equal to the virtual value is paid to the buyer.

主讲人简介：

Professor Jingfeng Lu is a distinguished economist at the National University of Singapore (NUS). In recognition of his outstanding academic contributions, Professor Lu was appointed as a Provost's Chair Professor at NUS. His research expertise lies in microeconomic theory, with a particular focus on auctions, contests, mechanism design, and industrial organization. He has published extensively in leading academic journals, including the American Economic Review, Review of Economic Studies, Journal of Economic Theory, Games and Economic Behavior, American Economic Journal: Microeconomics, and Rand Journal of Economics. Currently, he serves as an Associate Editor for the Journal of Economic Behavior and Organization and is affiliated with the Institute of Operations Research and Analytics (IORA) at NUS.