Showing 1 - 10 of 40
, we extend the analysis to characterizing rational expectations of interim types, to games of incomplete information, as …
Persistent link: https://www.econbiz.de/10010851330
We develop a model of the interacting markets for online content and offline products. We portray content providers and the search engine as competing platforms that intermediate in the product market (a horizontal relation), while also vertically related in the content market. Explicitly...
Persistent link: https://www.econbiz.de/10010740570
under imperfect information, these findings are consistent with Indonesia citizens over-estimating the net gains from …
Persistent link: https://www.econbiz.de/10010851381
information. One technique heavily used by rhetoric employs analogies. Using analogies, one may draw the listener’s attention to … similarities between cases and to re-organize existing information in a way that highlights certain regularities. In this paper we …
Persistent link: https://www.econbiz.de/10010851430
This paper shows that information effects per se are not responsible for the Giffen goods anomaly affecting traders …' demands in multi asset noisy, rational expectations equilibrium markets. The role that information plays in traders …
Persistent link: https://www.econbiz.de/10010547268
contains enough information to estimate the structural shocks with a VAR model. Based on such conditions, we suggest a … are not informationally sufficient. When adding missing information, the effects of technology shocks change dramatically. …
Persistent link: https://www.econbiz.de/10010547441
-term contracts sacrificing managerial selection may be optimal at early stages of economic development and when access to information …
Persistent link: https://www.econbiz.de/10010734223
information about governing politicians not available from challengers. Because there are many reasons for high reelection rates …
Persistent link: https://www.econbiz.de/10011115550
We study competition in experimental markets in which two incumbents face entry by three other firms. Our treatments vary with respect to three factors: sequential vs. block or simultaneous entry, the cost functions of entrants and the amount of time during which incumbents are protected from...
Persistent link: https://www.econbiz.de/10010851346
We study the effectiveness of leaders for inducing coordinated organizational change to a more efficient equilibrium, i.e., a turnaround. We compare communication from leaders to incentive increases and also compare the effectiveness of randomly selected and elected leaders. While all...
Persistent link: https://www.econbiz.de/10010851357