Narrow search
Showing 1 - 10 of 14,994
Cover Image
Identification and Kullback Information in the GLSEM.
Dhrymes, P.J. - Department of Economics, School of Arts and Sciences - 1996
In this paper we employ the Kullback Information apparatus in (a) obtaining the strong consistency of the maximum …
Persistent link: https://www.econbiz.de/10005549167
Cover Image
ENERGY POWER, DIGITAL INFRASTRUCTURE AND ELEARNING PLATFORMS:AFRICAN EXPERIENCE
Nwaobi, PROF Godwin Chukwudum - Quantitative Economic Research Bureau (Quanterb) - 2008
Technological progress is considered as a source of growth and productivity gains for national economies. Thus,understanding the factors that determine the diffusion of new technologies across african countries is important to understanding the process of economic development. And whereas,...
Persistent link: https://www.econbiz.de/10005006789
Cover Image
The Optimal Mechanism for Selling to Budget-Constrained Consumers.
Che, Y.K.; Gale, I. - Wisconsin Madison - Social Systems - 1996
This paper finds an optimal mechanism for selling an indivisible good to consumers who may be budget-constrained. Unlike the case where buyers are not budget constrained, a single posted price is not typically optimal. An optimal mechanism generally consists of a continuum of lotteries indexed...
Persistent link: https://www.econbiz.de/10005200406
Cover Image
A Dynamic Model of Equilibrium Selection in Signaling Markets.
Noldeke, G.; Samuelson, L. - Wisconsin Madison - Social Systems - 1996
experience and in which sellers, with private information about their type, choose utility-maximizing signals given these prices …
Persistent link: https://www.econbiz.de/10005200464
Cover Image
Preference for Information.
Grant, S.; Polak, B.; Kajii, A. - Research School of Pacific and Asian Studies, College … - 1996
What is the relationship between an agent's attitude towards information, and her attitude towards risk? if an agent … always prefers more information does this imply that she obyes the independence axiom? We provide a substitution property on … preferences that is equivalent to the agent (intrinsically) liking information in the absence of contingent choice. …
Persistent link: https://www.econbiz.de/10005663675
Cover Image
Informational Smallness In Rational Expectations Equilibria.
Heifetz, A.; Minelli, E. - Center for Operations Research and Econometrics (CORE), … - 1996
In an economy with asymmetric information, Rational Expectations Equilibria (REE) need not become asymptotically …
Persistent link: https://www.econbiz.de/10005669222
Cover Image
The Revelation of Information and Self-Fulfilling Beliefs.
Dutta, J.; Morris, S. - Center for Operations Research and Econometrics (CORE), … - 1996
Persistent link: https://www.econbiz.de/10005669282
Cover Image
Some Suggestions on How to Cheat the Auctioneer: Collusion in Auctions when Signals Are Affiliated.
Lyk-Jensen, P. - Groupement de Recherche en Économie Quantitative … - 1996
allow information sharing is also proposed. The paper focus on ex post efficient cartel mechanisms which allows monetary … transfers between members, and show the assumption of affiliation does not discourage collusion and that information sharing is …
Persistent link: https://www.econbiz.de/10005669471
Cover Image
Common Market with Regulated Firms.
Combes, P.P.; Caillaud, B.; Jullien, B. - 1996
asymmetric information between regulatory agencies and regulated firms. …
Persistent link: https://www.econbiz.de/10005671575
Cover Image
Multiple Risks and Asymmetric Information.
Koehl, P.F.; Villeneuve, B. - 1996
An individual confronts multiple risks she insures by independent specialized monopolies. Though the individual does not act strategically, the indirect competition between monopolies can leave her with part of the surplus. This is the case if her global risk premium is lower than the sum of...
Persistent link: https://www.econbiz.de/10005780742