The Social Value of Asymmetric Information Revisited
نویسندگان
چکیده
منابع مشابه
analysis of reading comprehension needs of the students of paramedical studies: the case of the students of health information management (him)
چکیده ندارد.
15 صفحه اولSocial Value of Public Information
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Monetary policy as a tool for expectations management is believed to be most effective if it can coordinate the beliefs and expectations of the economic agents. The optimal communication policy is in an environment where central bank announcements are common knowledge and abundant information is complete transparency. The above conclusion is altered in the more realistic situation where economi...
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I introduce a property of players valuations that ensures the existence of an ex post e¢ cient equilibrium in asymmetric English auctions. The use of this property has the advantage of yielding an ex post e¢ cient equilibrium without assuming di¤erentiability of valuations or that signals are drawn from a density. These technical, non economic, assumptions have been ubiquitous in the study of ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2019
ISSN: 1556-5068
DOI: 10.2139/ssrn.3332356