J
Juuso Toikka
Researcher at Massachusetts Institute of Technology
Publications - 23
Citations - 945
Juuso Toikka is an academic researcher from Massachusetts Institute of Technology. The author has contributed to research in topics: Stochastic game & Mechanism design. The author has an hindex of 12, co-authored 21 publications receiving 833 citations. Previous affiliations of Juuso Toikka include Stanford University.
Papers
More filters
Journal ArticleDOI
Dynamic Mechanism Design: A Myersonian Approach
TL;DR: In this article, a necessary condition for incentive compatibility that takes the form of an envelope formula for the derivative of an agent's equilibrium expected payoff with respect to his current type is provided.
Journal ArticleDOI
Secrecy versus patenting
TL;DR: In this article, the authors developed an equilibrium search model of innovation with the possibility of multiple independent discovery, and they view patents as probabilistic property rights that are constrained by the innovators' option to keep the innovation secret.
Journal ArticleDOI
Dynamic Mechanism Design: Incentive Compatibility, Pro…t Maximization and Information Disclosure
TL;DR: In this article, the authors examined the design of incentive-compatible screening mechanisms for dynamic environments in which decisions may be made over time and may aect the type process, and payos need not be time-separable.
Journal ArticleDOI
Simultaneous Model of Innovation, Secrecy, and Patent Policy
TL;DR: In particular, the possibility of simultaneous innovation changes the patenting decision: firms tap patents for a defensive purpose, since the choice is no longer between patenting or resorting to trade secrecy, but between patents or letting competitors patent as mentioned in this paper.
Journal ArticleDOI
Efficiency in Games With Markovian Private Information
Juan F. Escobar,Juuso Toikka +1 more
TL;DR: In this paper, repeated Bayesian games with communication and observable actions are studied, where the players' privately known payoffs evolve according to an irreducible Markov chain whose transitions are independent across players.