This paper studies repeated trade with noisy information about previous transactions. A buyer has private information …

We study the optimal information disclosure policy in a two-player all-pay auction contest with one-sided asymmetric … information structure and timing policy for situations of competition between two information-asymmetric parties … information in both simultaneous move setup and sequential move setup. The designer can pre-commit to a signal device that …

The paper tries to investigate the existence of asymmetric information and adverse selection problem in the Islamic … results revealed that there exists significant asymmetric information problem in the banking sector that leads to adverse … selection in loan disbursements. The existing methodology of collection, analyzing and verifying information doesn’t mitigate …

We consider games in which players search for a hidden prize, and they have asymmetric information about the prize …

portfolio conditionally on his information. Which proxy to use for conditional expected returns, and what is the relevant … conditioned on all available information, which means that we implicitly adopt the perspective of a perfectly informed (PI …

than committing to ignore ex post demand information. Consulting the entrant earlier about its expectations improves …

We study the prices of a firm's debt and equity in a market where investors have private information and may exhibit … differences of opinion. We show how debt and equity valuations, and the impact of public information and distress risk on these …