Showing 1 - 10 of 142
’s idiosyncratic profit from conversion are treated as private information. The two regimes differ when a tenant wants to stay in his …
Persistent link: https://www.econbiz.de/10005124886
information setting we show: (1) if the objects are sold by means of a sequence of open ascending auctions, then it is always …
Persistent link: https://www.econbiz.de/10005062330
We study Bayesian mechanism design in situations where agents' information may be multi-dimensional, concentrating on … generalized VCG mechanism, therefore, serves to unify many results in mechansim design theory. …
Persistent link: https://www.econbiz.de/10005118596
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
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
dedicated to information gathering, either in rural or wholesale urban markets or to transport negotiation. Paid per unit … product. As it is the case in many other countries, information provided by MIS is of little help to Senegalese market … gardeners. The updated and more targeted access to information through MANOBI services allows producers to improve their …
Persistent link: https://www.econbiz.de/10005561831
Abstract : Abuse and neglect of older adults (« elder abuse ») has a significant impact on the lives of the individuals involved. At the same time, it has a broader social and economic cost. Many of these are « hidden costs » in the sense that the cause of the underlying problem is not...
Persistent link: https://www.econbiz.de/10005126055
Allocation rules map preference profiles into allocations, whereas trading rules map preference profiles and allocations into allocations. It is shown that no allocation rule can derive from a trading rule based on voluntary trade and satisfying a weak efficiency condition. If the trading rule...
Persistent link: https://www.econbiz.de/10005076596
Concern over online information privacy is widespread and rising. However, prior research is silent about the value of … information privacy in the presence of potential benefits from sharing personally identifiable information. We analyzed … individuals' trade-offs between the benefits and costs of providing personal information to websites. We found that benefits …
Persistent link: https://www.econbiz.de/10005076866
This paper develops a model of pricing and advertising in a matching environment with capacity constrained sellers. Sellers' expenditure on directly informative advertising attracts consumers only probabilistically. Consumers who happen to observe advertisements randomize over the advertised...
Persistent link: https://www.econbiz.de/10005076903