An information-theoretic thought experiment is developed to clarify why the maximum entropy methodology is appropriate … predictive power is provided through an application to the Schelling model of segregation. -- Information entropy ; knapsack …

Neeman (2004) and Heifetz and Neeman (2006) have shown that, in auctions with incomplete information about payoffs … parameters. They argue that the set of incomplete-information models satisfying this so-called BDP property ("beliefs determine … rich and beliefs are derived by conditioning on the available information; for any agent, this information includes his own …

anonymously in a group, could pay a cost either to obtain information about their counterparts, or to create a freely available … attain higher levels of cooperation compared to a treatment without monitoring. Information about past conduct alone thus …

externalities and so, the option exercise by the Leader generates an Information Revelation" that benefits the Follower. Moreover …

externalities and so, the option exercise by the Leader generates an Information Revelationʺ that benefits the Follower. Moreover …. -- American Exchange options ; game theory ; Montecarlo simulation ; R&D ; information revelation …

An entrepreneur contracts with a consultant, who is protected by limited liability, to supply information about the … probability than a bad one. The entrepreneur makes an upfront payment that the consultant can either invest in information … entrepreneurs so long as his informal referrals remain high. The principal finds it optimal to under-utilize information if she uses …