output, market price, information flows, and expected profits. The presence of noise may reduce the informational externality … due to asymmetric information, which increases the firm's expected profits. …

equilibrium. We first study the behavior of the monopoly when price conveys information about quality. We then show the effect of … information flows on welfare, i.e., profit and consumer surplus. …

conveys full information about the quality of the good to uninformed buyers. Deceiving the uninformed buyers by charging a … effect of asymmetric information and learning on the equilibrium outcomes. More uninformed buyers increases the price …

hierarchization of a branch decreases its ability to produce "soft" information on loans, leads to increased standardization of loans … and rationing of "soft information" loans. Furthermore, this loss of information brings about a reduction in performance …

Bayesian Persuasion with asymmetric information vis-à-vis the judge. This mechanism endogenously results in the reorganization …

information about worker ability as the incumbent firm. I develop a model of asymmetric learning that nests the symmetric learning … find strong support for asymmetric information. I first exploit the fact that groups of workers differ in their variances … interest in my model representing the degree to which information is asymmetric. My estimates imply that in one period, outside …

interplay between asymmetric information and salient thinking may provide an explanation for why price differences observed in …

conveys full information about the quality of the good to uninformed buyers. Deceiving the uninformed buyers by charging a … effect of asymmetric information and learning on the equilibrium outcomes. More uninformed buyers increases the price …

stochastic delivery and can be implemented by multi-item menus that involve selling information or refund options. Under linear … to learn information and buy the good later. Under convex and concave costs, the optimal mechanism may involve type …-specific probabilistic allocations, which can also be implemented through private transmission of different information to different buyer …