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private agents - who have different information sets about the future sequence of short-term interest rates.We analyse …
Persistent link: https://www.econbiz.de/10011092574
We test whether the frequency of feedback information about the performance of an investment portfolio and the … Loss Aversion (Benartzi and Thaler, 1995), we find that more information and more flexibility result in less risk taking …
Persistent link: https://www.econbiz.de/10011092646
How to compensate people who provide relevant information to a decision-maker who faces uncertainty?This paper suggests …
Persistent link: https://www.econbiz.de/10011092736
and information scenarios this dilemma is modeled as a game theoretic bargaining problem over the set of connected graphs … be detected. If the probability that an individual is exposed as member of the network depends on the information …
Persistent link: https://www.econbiz.de/10011092758
In this paper we consider information collecting (IC) situations where an action taker in an uncertain situation can … improve his action choices by gathering information from some players who are more informed about the situation. Then the …
Persistent link: https://www.econbiz.de/10011092881
offers.We show that these deregulations may be insuficient since asymmetric information seriously hampers the integration of …-a-vis potential entrants.More-over, banks may strategically display some information hindering entry when asymmetric information is … moderate.We also show that voluntary information sharing emerges only when asymmetric information is low. …
Persistent link: https://www.econbiz.de/10011092891
of the associated random variable.The third method directly collects information about the demand during the lead time … three methods require di erent types of information for the calculation of the reorder point in an operational setting ….The purpose of this paper is to derive insights into the value of information; therefore it compares the target service level with …
Persistent link: https://www.econbiz.de/10011090290
Informationally Robust Equilibria (IRE) are introduced in Robson (1994) as a refinement of Nash equilibria for e.g. bimatrix games, i.e. mixed extensions of two person finite games.Similar to the concept of perfect equilibria, basically the idea is that an IRE is a limit of some sequence of...
Persistent link: https://www.econbiz.de/10011090474
attenuate these information asymmetries) and longer maturities.The evidence suggests that creditors use shorter maturities to …
Persistent link: https://www.econbiz.de/10011090626
AMS classifications: 90D12, 90B05.
Persistent link: https://www.econbiz.de/10011090632