Informational Hold Up and Intermediaries

Why do some incomplete information markets feature intermediaries while others do not? I study the allocation of two goods in an incomplete information setting with a single principal, multiple agents with unit demand, and interdependent valuations.I construct a novel dynamic mechanism implemented by a principal who faces a set of intermediaries, e

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At-sea observations of the spring migration and pair bonding of ivory gulls (Pagophila eburnea) around Svalbard and East Greenland

Because of logistical constraints little previous information exists on ivory gulls (Pagophila eburnea) in the waters around Svalbard and the east coast of Greenland in DREAM CREAM late winter/early spring.The Swedish Arctic Ocean 2002 expedition investigated these areas at that time of year and in this paper I report on the observations of ivory g

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