Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how … appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out …

Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how … appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out …

informed about their heterogeneous preferences over the characteristics of the other agents. The platform solicits information …

. Will customers provide the information necessary for personalization? Assuming that a consumer can control the amount of … information revealed, we analyze how his decision interacts with the pricing strategy of a monopolist who may abuse the … information to obtain a larger share of total surplus. We consider two scenarios, one where consumers have different tastes but …

. Will customers provide the information necessary for personalization? Assuming that a consumer can control the amount of … information revealed, we analyse how his decision interacts with the pricing strategy of a monopolist who may abuse the … information to obtain a larger share of total surplus. We consider two scenarios, one where consumers have different tastes but …

coordinate their choices when it is in their interest, if coordination does not require communication. It is shown that multiple … consumers' network choices. Enough heterogeneity in reservation values is necessary for existence of these asymmetric equilibria. …

, coordination of competing demands of access. Under the conditions of the rule of law, this is highly ambitious. The paper …

We experimentally examine the impact of a cycle path on the trading of a copyable information good in networks. A cycle …. Theory predicts that the price of the information good, even with the first transaction where there is not yet a reseller …