evaluation such regulations. I argue that, for market performance, more information is not always better; indeed, more …The European Commission is introducing new regulations on submission and publication of data in electricity markets … information may undermine market performance by facilitating behaviour that is either not cost efficient or aims at exercising …

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 …

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 …

We propose a deterrence mechanism that utilizes insider information contained in criminal networks. Under this …

existence of private information of at least one party; the time is then a discriminating instrument. The paper starts by … general not monotonic in the quality of information. The value of information can be negative over some range as better … information may aggravate the principal`s commitment problem. …

private information about his skill level (adverse selection), but also about the length of time he resides and works in the …

Baron and Myerson (1982): the levels of quantity and quality are lower under asymmetric information than under symmetric … information. Unlike their work, however, the price level can be higher or lower under asymmetric information, depending on the …

We study how optimal contracts are modified when the agent has the possibility to acquire information before the … contract is offered to him. We consider a situation in which this information is always available to the agent just before … producing. Therefore, prior information acquisition is socially wasteful, and conducted only for the purpose of rent seeking. In …