【时空经济沙龙第104期】 Optimal Certification Design
时间:2023年12月20日(周三) 15:00--17:00
地点:思源东楼611
报告人简介:陈斌,华中科技大学教授、博导,经济学院院长助理,数字经济研究中心主任,入选国家级青年人才项目。2010年在香港大学经济与金融学院取得博士学位(PhD)。主要从事信息经济学、产业经济学的研究。十余篇英文论文发表在Economic Journal、Journal of Economic Theory、Journal of Economic Behavior and Organization、International Journal of Industrial Organization、Management Science等国际期刊,2篇论文发表在《经济研究》。
报告摘要:We study the optimal certification design in an environment in which (i) the certification institute charges a uniform price; (ii) firms have heterogeneous types and outside options. We find that both the firm's true and outside payoff matter in optimal certification design. If firm's outside payoff is greater than value, the institute does not necessarily exclude the firm from certification, given that the firm's value is low enough. We also provide explanation for why top universities quit university rankings. (joint with Ting Pei)