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 …

This paper aims to explore the relevance of the Asymmetric Information and the Theory of Argumentation TA in the …

This paper aims to explore the relevance of the Asymmetric Information and the Theory of Argumentation TA in the …

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 …

-set deviation compared to single-set ones; an interpretation is given in terms of information costs; examples show the relevance of …

operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore …

education spending and teacher salaries falls when respondents receive information about existing levels. Treatment effects vary … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …' lower support for increases. Information about the tradeoffs between specific spending categories shifts preferences from …

comparative evidence on public preferences for education spending, we conduct representative experiments with information …, providing information about actual spending and salary levels reduces support for increased education spending from 54 to 40 … preferences are similar across the three countries when the role of status-quo and information are taken into account. …