motives, the roles and the consequences of the Jesuits as agents of information regarding China affected the European … and transmission of information. It finds that economic progress and political consolidation in Europe did result in a …

We develop a new theory of international capital flows based on dispersed in-formation across individual investors …-standing asset price behavior. We introduce information dispersion into an openeconomy dynamic general equilibrium portfolio choice … model, and emphasize twoimplications for capital flows that are speci…c to the presence of dispersed infor-mation. First …

theoretical model assuming, first, that the amounts given is private information, only known to the donor and the donee, while the … amounts bequeathed is public information. Second, we assume that parents care about the reputation that their bequest behavior …

unique pure-strategy Nash equilibrium in rent-seeking games of complete information. In this paper, we generalize their … results to contests with incomplete informa tion. Two assumptions are imposed on the information structure. First, the players …

of contagion is large, it is possible for no information to be disclosed in equilibrium but for mandatory disclosure to …

institution with more accurate information is always by far the most popular, but noisy information undermines the popularity of …

We explore the relationship between public information and implementable outcomes in an environment characterized by … random endowments and private information. We show that if public signals carry no information about private types, then an … Bayesian incentive compatibility. The result extends the notion, dating to Hirshleifer (1971), that public information can have …

strongly to predictable marginal cost changes, as expected from the Mankiw and Reis (2002) Sticky information model. We find …