-generating process) together with the stress test result (signal). Disclosing two pieces of information is a typical procedure used in … stress tests. By optimally choosing these two signals, supervisors can deliver superior information to prudent investors and … disclose an uninformative signal. -- Stress Tests ; Supervisory Information ; Bayesian Persuasion ; Multiple Receivers …

This paper delineates the simultaneous impact of non-anticipated information on first and second moments of the … about the precise price impact of this information. Analyzing the US employment report, we find that headline information is …

paper, we introduce and formalize reciprocal preferences, apply them to matching markets, and analyze the implications for … incomplete information about the partners' preferences. We find that there is no stable mechanism in standard two-sided markets … acceptance mechanism can achieve stability. These results provide insights into non-standard preferences in matching markets, and …

Informal exchange of information among competitors has been well-documented in a variety of industries, and one … stronger effect on information ows than reducing environmental uncertainty (about the competitor's ability). We further show …

the assortative matching. We compare the preferences of stakeholders who know their own role with agents behind the veil … vote for the assortative matching otherwise. This is in line with the model of Pathak and Sönmez (2008). Subjects behind … the mechanism are split in their vote for the Boston mechanism and the assortative matching. According to the spectators …

This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …

acquiring costly information about their own preferences. In a market where students are ranked by universities based on exam … scores, we explore ways to reduce wasteful information acquisition - that is, to help students avoid acquiring information … experimentally, a sequential serial dictatorship mechanism leads to less wasteful information acquisition and higher student welfare …