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On non-revealing rational expectations equilibrium

Glycopantis, Dionysius; Muir, Allan; Yannelis, Nicholas C. - In: Economic theory : official journal of the Society for … 38 (2009) 2, pp. 351-369

Persistent link: https://www.econbiz.de/10003783162

Mixed-strategy equilibria and strong purification for games with private and public information

Fu, Haifeng - In: Economic theory : official journal of the Society for … 37 (2008) 3, pp. 521-532

Persistent link: https://www.econbiz.de/10003759603

Private provision of a discrete public good : continuous-strategy equilibria in the private-information subscription game

Barbieri, Stefano; Malueg, David A. - In: Journal of public economic theory 10 (2008) 4, pp. 529-545

Persistent link: https://www.econbiz.de/10003736775

Private provision of a discrete public good : efficient equilibria in the private-information contribution game

Barbieri, Stefano; Malueg, David A. - In: Economic theory : official journal of the Society for … 37 (2008) 1, pp. 51-80

Persistent link: https://www.econbiz.de/10003737303

An Equilibrium Model of Credit Rating Agencies

Holden, Steinar - 2013

We develop a model of credit rating agencies (CRAs) based on reputation concerns. Ratings affect investors' choice and, thereby, also issuers' access to funding and default risk. We show that - in equilibrium - the informational content of credit ratings is inferior to that of CRAs' private...

Persistent link: https://www.econbiz.de/10013085151