Author

Di-Han Zou

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Sep 2026

A comment on Bagnoli and Bergstrom’s “Log-concave probability and its applications”

Di-Han Zou · Economic Theory Bulletin · 1 citation

Preprint Oct 2026

Robust Capital Budgeting

We study capital budgeting when a manager privately knows project productivity and her empire-building benefits, while headquarters lacks credible priors. Headquarters minimizes maximum regret relative to informed investment. Without compensation, the optimal policy is a spending cap balancing empire-building overinves...

Yun-Zhi Hu, Fei Li, Han-Qin Ye et al. · 0 citations