Although information and communication technologies (ICT) consume energy themselves, they are considered to have the …

We study how framing interplays with information design. Whereas Sender conceives all contingencies separately … first decides whether to refine Receiver’s frame and then designs an information structure for the chosen frame. Sender … faces a trade-off between keeping Receiver under the coarse frame — thus concealing part of the information structure — and …

Venture capital markets are characterized by multiple incentive problems and asymmetric information in an uncertain …

Informal exchange of information among competitors has been well-documented in a variety of industries, and one …'s expectation of reciprocity shown to be a key determinant. We use an indeterminate horizon centipede game to establish a feedback … stronger effect on information ows than reducing environmental uncertainty (about the competitor's ability). We further show …