Helsinki GSE Discussion Papers

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Helsinki GSE Discussion Papers

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  • Optimal Stopping
  • Selective Programs
  • Auctions
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  • Gradual Learning from Incremental Actions

    Tuomas Laiho, Pauli Murto, and Julia Salmi

    We introduce a collective experimentation problem where a continuum of agents choose the timing of irreversible actions under uncertainty and where public feedback from the actions arrives gradually …

    Discussion paper

  • Affiliated Common Value Auctions with Costly Entry

    Pauli Murto and Juuso Välimäki

    Many auctions and procurement contests entail nontrivial bidding costs, which makes the bidders’ participation decisions endogenous to the auction design. We analyze the effect of different auction …

    Discussion paper