It is commonly assumed in private value auctions that bidders have no information about the realization of the other …-price auction model. Finally, we use a specific signaling structure with uniform distributions to show that signaling need not be …

to elicit the agent's private information. We establish this result by using the properties of signalling game. Finally … agent, the decision of the agent signals his private information to the principal. The revelation of information, associated …, we show that, even if there are loss of control associated with delegation, the benefits of information revelation …

information, but her one-dimensional private information is allowed to be distributed according to any probability measure. For …

Steady state equilibria in heterogeneous agent matching models with search frictions have been shown to exist in Shimer …

Ostrovsky [10] develops a theory of stability for a model of matching in exogenously given networks. For this model a …

The standard state-spaces of asymmetric information preclude non- trivial forms of unawareness (Dekel, Lipman and … standard information structures with strong properties of knowledge. …