Showing 1 - 10 of 33
This paper is about quality decisions in a vertical structure where competitive producers sell to powerful retailers. Specifically, we focus the analysis on the role played by a tour operator on quality investments when distributing the capacity of a given tourist destination. We emphasize the...
Persistent link: https://www.econbiz.de/10005134461
The Indian agricultural sector is leveraging the Information and Communication Technologies (ICT) to disseminate the … right information at the right time. The cost factor in face-to-face information dissemination and the difficulties in …
Persistent link: https://www.econbiz.de/10005124931
Some recent empirical works indicate that investor performance and market patterns are primarily information driven … instead of a behavioral phenomenon. However, Grossman and Stiglitz information theory and its variations offer little guidance … in identifying informed investors and in distinguishing between securities with scarce information and those with widely …
Persistent link: https://www.econbiz.de/10005134939
. On one hand, the pooling of information within bidding rings increases the precision of competing estimates. We … information is distributed. The experimental results are consistent with our theoretical predictions for different value and …
Persistent link: https://www.econbiz.de/10005407619
investigate this question in case that the individual probability functions are based on different information sets. Under … any overlaps between different persons' information sets. The solutions are derived from an axiomatic system that models … parameter-free, and that they incorporate each individual's information although the individuals need not communicate their …
Persistent link: https://www.econbiz.de/10005412461
information which also bear a high degree of privacy. Whereas the literature suggests relational contracts as a way how … qualitative and private information can be credibly conveyed to the lender, it is shown that even in the German housebank … banks, too, respond to information gaps with unfavourable loan conditions. As an alternative specialized information …
Persistent link: https://www.econbiz.de/10005413034
to coordinate when they are given little in-formation, i.e. when subjects are uninformed about the payoff matrix and feed … information prior to playing the game changes subject behaviour and significantly improves performance, even though standard … adaptive learning rules do not take such information into account and optimal adaptive rules do not differ much between the two …
Persistent link: https://www.econbiz.de/10005550889
degrees. When the decision maker consults only a single expert, the expert withholds substantial information from the decision …
Persistent link: https://www.econbiz.de/10005550962
-BASED ECONOMIC STRUCTURES AND INFORMATION SOCIETIES THAT COMPRISE NETWORKS OF INDIVIDUALS, FIRMS AND COUNTRIES THAT ARE LINKED …
Persistent link: https://www.econbiz.de/10005556113
This paper investigates the order in which new information is first reflected in the market – through changes in … show that indeed depths rather than spreads are first to impound new information that leads to new quote trends …. Specifically, (bid and ask) depths convey information first in virtually every stock in both years, while spreads almost never …
Persistent link: https://www.econbiz.de/10005556280