of the signals (whose release she controls) on the client’s profit estimate. -- Mechanism design ; information disclosure …

; private information ; signaling …

Global games with endogenous information often exhibit multiple equilibria. In this paper we show how one can … model, inter alia, speculative currency attacks, debt crises, and political change. The endogeneity of information … originates in the signaling role of policy choices. A novel procedure of iterated elimination of non-equilibrium strategies is …

Global games of regime change that is, coordination games of incomplete information in which a status quo is abandoned … to accumulate information over time and take actions in many periods. It is shown that dynamics may lead to multiple … equilibria under the same information assumptions that guarantee uniqueness in the static benchmark. Multiplicity originates in …

network or a menu of non-exclusive networks. We characterize the optimal matching schedules under a wide range of preferences … provision of broadcasting, health insurance and job matching services. -- matching ; two-sided markets ; networks ; adverse …

We study centralized many-to-many matching in markets where agents have private information about (vertical …) characteristics that determine match values. Our analysis reveals how matching patterns reflect cross-subsidization between sides … compensated by the gains from agents-consumers. We show how such cross-subsidization can be achieved through matching rules that …