This survey paper examines various information insufficiencies in biodiversity conservation and their impact of … information, and 4) monitoring problem. The consequences of these four types of information insufficiencies on the choice of …

Asset price processes are completely described by information processes and investors´ preferences. In this paper we … stylized facts that look at first hand like financial market anomalies may be explained by an information process with …

This paper delineates the simultaneous impact of non-anticipated information on first and second moments of the … about the precise price impact of this information. Analyzing the US employment report, we find that headline information is …

A rational-expectations equilibrium with positive demand for financial information does exist under fully revealing … average portfolio demand information in equilibrium if they can adjust portfolio size. More information diminishes the … endowments strongly differ from the average portfolio are worse off. Under fully revealing price, information market equilibria …

This paper analyzes the effect of the availability of information about the payoff structure on the behavior of players … in a Common-Pool Resource game. Six groups of six individuals played a complete information game, while other six groups … played the same game but with no information about the payoff function. It will be shown that the patterns of investment …

factors determining the relative importance of releases, the time series properties and the information content of the … macroeconomic news flow are investigated. In particular, several types of information regarding inflation and economic strength are … distinguished. The explanatory power of the type of information is tested against the alternative hypothesis that the timeliness of …