are uncertain about preferences but with effort may narrow their uncertainty. This issue has arisen in formulating bids in … theoretical model and experimental evidence to contribute to this debate. The model is a model of competitive bidding for a … of their own value for the private good but may purchase information about their own value (researching preferences). The …

private information of bidders precludes any collusive scheme beyond bid rotation (BRS), even when the cartel has unlimited …

NYSE stocks in two partitioned samples, with and without identifiable public news. We argue that the sequential information … public information as hypothesized by the SIAH. Our analysis further suggests that return volatility is higher in the periods … private information for trading stocks. Using the sample without public news, we find evidence that volume Granger …

components and breeding values estimated from different amounts of information were compared for both models. The accuracy of … parents. When these data are combined with full pedigree information back to founding parents, computing limitations mean it … is not possible to obtain information on all parents. Family data from one sugarcane selection program were analysed …

We survey modern models of delegation which assume that a boss and subordinate pursue their own goals. Among the major … prefer to retain authority; the ways in which a boss can induce a subordinate to truthfully reveal information; when rational …