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The monetary unit assumption of financial accounting assumes a stable currency (i.e., constant purchasing power over time). Yet, even during periods of low inflation or deflation, nominal financial statements violate this assumption. I posit that, while the effects of inflation are not...
Persistent link: https://www.econbiz.de/10011114513
This paper aims to explore the relevance of the Asymmetric Information and the Theory of Argumentation TA in the …
Persistent link: https://www.econbiz.de/10011111296
This paper aims to explore the relevance of the Asymmetric Information and the Theory of Argumentation TA in the …
Persistent link: https://www.econbiz.de/10011123536
different levels of information. Technically our model represents a stochastic differential game with anticipative strategy sets … of information asymmetry. Furthermore we study in how far the asymmetry in the level of information influences Nash …-equilibria and general welfare. We show that under certain conditions in a competitive environment an increased level of information …
Persistent link: https://www.econbiz.de/10005790283
This paper aims to explore the relevance of the Theory of Argumentation TA in the complex area of financial reporting. Specifically, we investigated the scope of the phenomenon of persuasion in advertising. It examines advertisements in publications notable economic movement in Colombia. The...
Persistent link: https://www.econbiz.de/10008547907
A rational-expectations equilibrium with positive demand for financial information does exist under fully revealing … average portfolio demand information in equilibrium if they can adjust portfolio size. More information diminishes the … endowments strongly differ from the average portfolio are worse off. Under fully revealing price, information market equilibria …
Persistent link: https://www.econbiz.de/10011451345
operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore …
Persistent link: https://www.econbiz.de/10009422026
-set deviation compared to single-set ones; an interpretation is given in terms of information costs; examples show the relevance of …
Persistent link: https://www.econbiz.de/10009781643
have better information about the state of the world than voters. Three types of institutions are compared: direct …
Persistent link: https://www.econbiz.de/10011404317
implement or they target younger children. We partner text-messaging technology with school information systems to automate the … gathering and provision of information to parents at scale. In a field experiment across 22 middle and high schools, we used …
Persistent link: https://www.econbiz.de/10011658035