Showing 1 - 10 of 579
Persistent link: https://www.econbiz.de/10009728770
Persistent link: https://www.econbiz.de/10013424230
Persistent link: https://www.econbiz.de/10012513603
Persistent link: https://www.econbiz.de/10012026605
Persistent link: https://www.econbiz.de/10014633716
This paper performs a welfare analysis of economies with private information when public information is endogenously generated and agents can condition on noisy public statistics in the rational expectations tradition. We find that equilibrium is not (restricted) efficient even when feasible...
Persistent link: https://www.econbiz.de/10009259934
Persistent link: https://www.econbiz.de/10003279843
Persistent link: https://www.econbiz.de/10003284873
Persistent link: https://www.econbiz.de/10001724659
Persistent link: https://www.econbiz.de/10001778609