Abstract: Aktivitätenbasierte Verkehrsmodelle bilden die Entstehung von Verkehr ursachengerecht ab. In der vorliegenden Arbeit wird ein neuartiges aktivitätenbasiertes Modell vorgestellt, bei dem aufgrund des gewählten Betrachtungszeitraums von einer Woche bisher nicht berücksichtigte,...

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...

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...

This paper analyzes the implications of currency crises in a model with unique equilibrium. Starting from a typical multiple equilibria model with self-fulfilling expectations we introduce noisy information, following Morris/Shin (1999). Under certain conditions for the noise parameter, all...

This paper analyses in a simple global games framework welfare effects stemming from different communication strategies of public agencies if strategies of agents are complementary to each other: communication can either be fully transparent, or the agency opaquely publishes only its overall...