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Most projects, in most walks of life, require the participation of multiple parties. While it is difficult to unite individuals in a common endeavor, some people, whom we call “movers and shakers,” seem able to do it. The paper specifically examines moving and shaking of an investment...
Persistent link: https://www.econbiz.de/10013017100
At an exogenous deadline, Receiver must take an action, the payoff of which depends on Sender's private binary type. Sender privately observes whether and when an opportunity to start a public flow of information about her type arrives. She then chooses when to seize this opportunity. Starting...
Persistent link: https://www.econbiz.de/10013018732
We consider an SIR model where the probability of infections between infected and susceptible individuals are viewed as Poisson trials. The probabilities of infection between pairwise susceptible-infected matches are thus order statistics. This implies that the reproduction rate is a random...
Persistent link: https://www.econbiz.de/10012828957
At an exogenous deadline, Receiver takes an action, the payoff from which depends on Sender's private type. Sender privately observes if and when a bombshell arrives. Upon arrival, she chooses when to drop it, which starts a public flow of information about her type. Dropping the bombshell...
Persistent link: https://www.econbiz.de/10012982538