We develop a model of common agency with complete information and general preferences with non-transferable utility …

role of education on the allocation of talent in a two-sector model where education provides workers information about …

mainly from the (random) innate ability assigned to each individual. We analyze how better information, which allows better …

In an economy with asymmetric information, Rational Expectations Equilibria (REE) need not become asymptotically …

framework, the feasible set of actions depends on the signal and the information system. As we indicate such a framework has …

The new decade has been called "the age of information." We show that, although information has become more accessible … effect of the products' attributes. Furthermore, we demonstrate that the lack of information contributes to observed brand …

The new decade has been called "the age of information." We show that, although information has become more accessible … effect of the products' attributes. Furthermore, we demonstrate that the lack of information contributes to observed brand …

In this paper, we have emphasized information problems which lead to home bias and insufficient amounts of capital …