paper reconsiders the role of policy cooperation and credibility in a two-country model with incomplete information about … the public has incomplete information about the ability of tyhe policymakers to adhere to international agreements. Even …

The paper constructs a theoretical framework in which the value of information in general equilibrium can be linked to … the efficiency of the risk sharing mechanism. We demonstrate that in economies with production, information may have … negative value even though no risk sharing markets exist. As a rule of thumb the value of information tends to be lower the …

We show that it is sometimes efficient for a bank to commit to a policy that keeps information about its risky assets … private. Our model, based upon Diamond-Dybvig [1983], has the feature that banks acquire information about their risky assets … contingent on this information, but by doing so they must also reveal the information. We derive the conditions on depositors …

-BASED ECONOMIC STRUCTURES AND INFORMATION SOCIETIES THAT COMPRISE NETWORKS OF INDIVIDUALS, FIRMS AND COUNTRIES THAT ARE LINKED …

consistency is attained by making full use of available information, i.e. consistent preference and reasons. I show that … utility through unconscious learning. Many well-known paradoxes and anomalies of choice, evaluation and information are solved …

supportent l'idee d'un calibrage plus fin de la reglementation en fonction de l'information des banques, revelatrice de leur …